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CNO Encouraged With LCS Progress, Pledges Vigilance On Cost Oversight

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By Emelie Rutherford The Navy's top officer said yesterday he is "encouraged" with steps the two Littoral Combat Ship (LCS) builders have taken to control the price of their second vessels, and will monitor closely the ships' costs amid congressional concerns. The service last Friday awarded General Dynamics [GD] a fixed-price contract of an unspecified amount for its second littoral ship: the USS Coronado, LCS-4 (Defense Daily, May 4). The Navy in March awarded rival LCS shipbuilder Lockheed Martin [LMT]…

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