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Navy/USMC

Navy Issues Lockheed Martin $279 Million to Start LCS-23 Construction

Valerie Insinna

Monday, November 30th, 2015

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Navy Issues Lockheed Martin $279 Million to Start LCS-23 Construction

USS Freedom (LCS-1). Photo: U.S. Navy.

The Navy has awarded Lockheed Martin [LMT] the $279 million necessary to complete construction of the 23rd Littoral Combat Ship, the USS Cooperstown, the company said Monday.Congress in March appropriated $79 million for advanced procurement of the Cooperstown. This new funding will allow Lockheed Martin to proceed to construction while keeping the ship on schedule and on cost, the company said in a news release.Lockheed Martin and shipbuilder Fincantieri Marinette Marine are tentatively scheduled to begin construction in January 2017,…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

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