The U.S. Navy's submarine-building program, which makes submarines for both the U.S. military and its allies in the UK and Australia, is facing serious problems that could impact future global conflicts, especially a possible war with China in the Pacific.

Lately, the Navy has been struggling with some bad news, and the latest issue is a massive crisis in its submarine construction program. The program is now $17 billion over budget, and the submarines are being delayed by up to three ye...