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Business/Financial

Fort Worth’s Keel Laying Takes Place As Half of Ship Is Under Construction

DDN

Monday, July 13th, 2009

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By Geoff Fein Lockheed Martin [LMT] is well into construction on its second Littoral Combat Ship (LCS) as the its first ship, the USS Freedom (LCS-1) enters its second post delivery availability, a company official said. The company held a briefing Friday, the day before laying the keel for the Fort Worth (LCS-2), at Wisconsin-based Marinette Marine. "Nearly half of the Fort Worth is under construction," Paul Lemmo, business development director, Lockheed Martin Maritime Security & Ship Systems, told reporters…

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