[/QUOTE]Wikipedia article on this torpedo:
http://en.wikipedia.org/wiki/Mark_48_torpedo . Lots of interesting specs including the $3.8 MILLION cost per EACH. NOTE: the Mk-14 cost around $10,000 each, and were thought to be too expensive for 'live' testing. "Don't worry, they work fine in the blueprints."[/QUOTE]
They did test the Mk.14 but with the magnetic detonator they did not test a live round and it was off the east coast the reason they did so little testing was because they wanted to keep it secret (this was in the late 30s) the problem with the mk.14 was that it went through a very limited and unrealistic testing program.Once they ran tests in Fremantle and Hawaii the submariners solved the mk.14s problems without the help of engineers.
That is $10,000 in 1941 dollars it would be much closer to the cost of the current Mk.48 do not forget that in 1940 the Mk.14 was cutting edge.Its cost in modern dollars would be about the same as the Mk.48. A Mk.14 torpedo would cost about $155,446.10 in 2011 dollars.A mk.48 would cost about $257,323.92 in 1941 dollars.
People would be shocked if they knew how much weapons cost one JADM costs $35,000-70,000 depending on the bomb size one B-2 bomber costs 2 billion dollars can you believe that for just one plane a US Navy carrier you could almost argue is priceless if you counted the value of the its crew and aircraft warfare is very expensive and that is just in monetary terms not mention in the lives makes you think about Eisenhower's famous speech .
inflation calculator actually very interesting:
http://www.dollartimes.com/calculators/inflation.htm