By Geoff Fein The Navy yesterday terminated General Dynamics' [GD] second Littoral Combat Ship (LCS-4), after failing to agree to contract modifications sought by the service because of cost growth on the company's first ship. The situation is reminiscent of the Navy's decision in April to cancel LCS-3, Lockheed Martin's [LMT] second LCS (Defense Daily, April 13). The Navy acknowledged there have been some challenges with the LCS program. "The Navy set this up as fast track acquisition. Because of…
Navy Kills LCS-4, Cost Cap For Follow-On Ships Could Rise
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