Surprising boom in massive aircraft carriers-Despite high costs and questionable relevance, nations invest more in floating fortresses. $9 billio

Despite growing controversy about the cost and relevance of aircraft carriers, navies around the world are adding new ones to their inventories at a pace unseen since World War II.

The U.S. — with more carriers than all other nations combined — and established naval powers such as Britain, France and Russia are doing it. So are Brazil, India and China — which with Russia form the BRIC grouping of emerging economic giants.

"The whole idea is about being able to project power," said Rear Adm. Philippe Coindreau, commander of the French navy task force that has led the air strikes on Libya since March 22.

"An aircraft carrier is perfectly suited to these kinds of conflicts, and this ship demonstrates it every day," he said in an interview aboard the French carrier Charles de Gaulle, which has been launching daily raids against Moammar Gadhafi's forces since the international intervention in the Libyan conflict began
[link to news.yahoo.com]