U.S. Navy Awards LCS Contracts to Lockheed and Austal
By Michael Fabey fabeyships@aol.com
The Navy wasted little time in taking advantage of congressional support for the service’s dual-block-buy plan for its Littoral Combat Ship (LCS), awarding fixed-price-incentive contracts tonight to both Lockheed Martin and Austal USA for the design and construction of a 10 ship block-buy each.
The total deal could reach 20 LCS for about $7 billion from ...