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Navy Awards Two LCSs To Austal, One To Lockheed Martin

Walt Evans

Friday, September 21st, 2018

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The Naval Sea Systems Command (NAVSEA) on Sep. 18 awarded two fixed-price firm target modifications to Lockheed Martin [LMT] and Austal USA for one and two FY 2018 Littoral Combat Ships (LCSs), respectively.The Navy said it would not release the contract values because it may release a competitive solicitation for additional LCSs in FY 2019 so the specific contract dollar numbers are “considered source selection sensitive information.”Lockheed Martin is the prime integrator for the odd-numbered Freedom-variant, built at Fincantieri’s Marinette Marine shipyard in Marinette, Wis. It…

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CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

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