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Lawmakers Boost LSM Spending, Confirm Fincantieri As Shipbuilder But Warn On Cost Growth

Lawmakers Boost LSM Spending, Confirm Fincantieri As Shipbuilder But Warn On Cost Growth
Graphic model of the Damen Naval LST-100 landing ship transport 4,000 ton ship the Navy picked to become the new Medium Landing Ship (LSM) Block One. (Image: Damen)

Congressional appropriators added $800 million to the Navy’s Medium Landing Ship program (LSM) in the latest defense spending bill in order to help shift the shipyard building the two Constellation-class frigates to work on the new vessel while warning about rising prices. The funding would be on top of  $1.96 billion designated for the LSM program in the July 2025 reconciliation bill, which covered procuring upwards of two vessels, advance procurement and Marine Corps LSM bridging solutions (Defense Daily, April…

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