Sign In
Search
Navy/USMC

Austal USA President Resigns Amid LCS Investigations

Rich Abott By
SHARE:
Austal USA President Resigns Amid LCS Investigations
The Independence-variant littoral combat ship USS Gabrielle Giffords (LCS-10) launches a Naval Strike Missile (NSM) during the biennial Pacific Griffin exercise as part of a sinking exercise on Oct. 1, 2019. (Photo: U.S. Navy)

Austal USA President Craig Perciavalle resigned amid U.S. and Australian investigations concerning the Littoral Combat Ship (LCS), the company said Tuesday. Parent company Austal acknowledged separate but related investigations being conduct by the U.S. Department of Justice and Securities Exchange Commission as well as the Australian Securities and Investments Commission focusing on the write back of work in progress (WIP) attributable to the LCS program before July 2016, the procurement of ship components for use in U.S. contracts, and charging…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Navy/USMC

Navy To Cut Off Boise Sub After Years Of Maintenance Delays

Navy/USMC

Anduril Wins Naval Postgrad School Missile Innovation Challenge

Navy/USMC

Caudle: Golden Fleet Focuses On High-Low Mix To Tailor Solutions, Frigate For Robotic C2

Navy/USMC

Ultra Maritime Nabs Navy Sonobuoys Contract

Trending

RTX Signs $3.7 Billion Contract With Ukraine For Patriot GEM-T Interceptors
Lockheed Martin Boosts Venture Arm To $1 Billion
Lockheed Martin Planning Next-Generation Space Dominance Demos On Orbit
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
Defense Watch: EA-37s in Wargame, Laser Use OK’d, Army ADOC, UAS Award, FMD Chief Back

Congress Updates

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume