The U.S. Navy awarded Lockheed Martin [LMT] a modification on Tuesday to exercise an option to build one FY 2019 Freedom-variant littoral combat ship (LCS), LCS-31. The contract announcement did not cite the specific award value because it “is considered source-selection sensitive information and ...

The Navy is planning to design and field two hulls under the Common Hull Auxiliary Multi-Mission Platform (CHAMP) program to fulfill its five main missions. Last year, the Navy started looking for a common replacement to various auxiliary ships that are approaching the end of their service lives, ...