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Lockheed Martin Awarded Contract to Build US Navy Combat Ships

Lockheed Martin Awarded Contract to Build US Navy Combat Ships - top government contractors - best government contracting event
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Lockheed Martin Awarded Contract to Build US Navy Combat Ships - top government contractors - best government contracting event
Robert Stevens

Lockheed Martin was awarded fixed-price-incentive fee contract to build up to 10 Littoral Combat Ships for the U.S. Navy.

The first of the 10 ships will be acquired in 2010, at a contract value of $437 million, and the rest via options through 2015. Marinette Marine Corporation will build the ships in Marinette,Wis. Lockheed Martin industry team designed and constructed the nation“™s first LCS, USS Freedom.

“The Lockheed Martin team“™s Littoral Combat Ship is designed to confront rapidly changing global threats while providing a cost-effective solution in an era of tight budgets,“ said Lockheed Martin CEO Robert Stevens. “This team“™s strong performance will enable the Navy to deploy a class of affordable, multi-mission combatants to address the nation’s needs for decades to come.“

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