I just happened to take a look at the Revell-Monogram website. We Olde Phogies of the modeling world know that Revell used to be one of the leaders - arguably the leader - in styrene ship models. The current picture is pretty depressing.
The ship department of Revell-Monogram's online catalog now consists of precisely ten kits. They are (with acknowledgment to Dr. Graham's book, Remembering Revell Model Kits for the dates):
1. 1/72-scale Gato-class submarine. A new kit that I haven't seen; by all accounts an excellent one.
2. 1/400-scale U.S.S. Enterprise. An ancient Aurora relic from the late 1950s or early 1960s, which scale modelers rarely take seriously. If I remember correctly (a dubious proposition), it appeared before the ship was launched - and the kit hasn't been updated since.
3. 1/72-scale "Caribbean Pirate Ship." Originally released in 1960. A reasonably accurate scale model of a non-operating amusement park prop that used to be at Disneyland in California (but, as I understand it, isn't there any more). It's based on Captain Hook's ship from the Disney animated "Peter Pan" movie; it bears only a faint resemblance to anything that ever actually floated.
4. 1/192-scale U.S.S. Constitution. Originally released in 1956; Revell's very first sailing ship kit. Outstanding by 1956 standards, but hardly up to the standards of the twenty-first century. (Though certainly capable of forming the basis for a serious scale model.)
5. 1/426-scale U.S.S. Arizona. Originally released in 1958. Again, an outstanding kit for its day but, in the eyes of the serious adult modeler, rendered pretty thoroughly obsolete by the competition from Dragon and Trumpeter.
6. U.S.S. Arizona "with historical book." Same kit. I'm not sure what the book is.
7. 1/535-scale U.S.S. Missouri. Originally released in 1954; Revell's very first ship kit of any sort. A real museum piece; the word "fossil" comes to mind. Its underwater lines are awful (probably in part because the lines of the real ship were still classified in 1954), and the level of detail may have impressed purchasers in 1954 but is downright laughable by modern standards. (Revell presumably has access to the molds of Monogram and Aurora, as well as its own. If I'm not mistaken, at least four other Iowa-class battleship kits have appeared under the labels of those companies. All of those kits have one thing in common: they are, by any reasonable definition, better than this one. Even the old Aurora 1/600 version would be an improvement.)
8. 1/570-scale R.M.S. Titanic. Originally released in 1976. Dr. Graham notes: "Revell thought a long time before making this model; after all, who would want to make a model of a ship that sank?" (Anybody who'd ever worked in a hobby shop, a maritime museum, or a bookstore could have told those brilliant executives that the public has an insatiable fascination with ships that have sunk.) The kit looks reasonably like the real ship, but even by 1976 standards it was a long way from the state of the art. The masses of Titanic model enthusiasts put it just about last on the list of available kits.
9. 1/72-scale PT-109. Originally released in 1963. Probably one of the best of the reissues (which isn't saying much). Lots of nice models have been based on it over the past 45 years. But it's obvious at a glance that it's 45 years old.
10. 1/180-scale U.S.S. Lionfish. Originally released in 1971. The general shapes are ok, I guess, but the level of detail underwhelmed serious modelers in 1971 and still does.
That's the Revell-Monogram ship line. Ten kits, all of them (except the big U.S. sub) coming from molds that are between 32 and 54 years old. Two sailing ships - one of them representing a vessel that never existed except in a movie cartoon.
Also worth thinking about are some of the old Revell kits that aren't in the current catalog. All three versions of the Cutty Sark are gone. So is the 1/96-scale Constitution. The big Alabama, Kearsarge, and Cutty Sark were on the list quite recently, but now they've been dropped. So has the little 1/60 Viking ship; it showed up for a few months, but is now gone from both the U.S. and German Revell lists. And many of the excellent, exciting products from Revell Germany apparently aren't going to make it into Revell-Monogram boxes. None of the 1/72 or 1/144 U-boats is anywhere to be seen on the R-M website.
Over on the Revell Germany website the picture looks considerably brighter, with a number of adventurous kits on the market or on the way - to join a larger assortment of good (and not-so-good) old kits in new boxes.
But here's a suggestion to the American executives of Revell-Monogram. Over the decades your company has invested a great deal of money, and the talent of lots of superb artisans, into ship models. The molds for most, if not all, of those old kits apparently still exist. Since the firm's current management obviously has no interest whatever in the ship modeler, how about selling those molds to somebody else?
Later edit: I've e-mailed a copy of this post to Revell-Monogram's consumer relations department. Other modelers who share my concerns might consider doing the same. But I don't intend to hold my breath waiting for an answer.