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Canada Finalizes Lockheed Martin Bid In New Frigate

Friday, February 8th, 2019

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Canada Finalizes Lockheed Martin Bid In New Frigate

A representation of the Lockheed Martin team's winning design of the Type 26 Global Combat Ship variant as a Canadian Surface Combatant. (Image: Lockheed Martin)

The Canadian government has officially chosen Lockheed Martin’s [LMT] team design to build 15 new Canadian Surface Combatants, less than four months after designating the team the preferred bidder. The team’s bid is based on the BAE Systems Type 26 Global Combat Ship (GCS). The U.K. Royal Navy previously chose the Type 26 to build eight new ships, which began construction in July 2017. The team previously argued that since the Type 26 is already developed and being built, there…

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