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Lockheed Martin Expects First Foreign Sale of LCS Hull This Year

Lockheed Martin [LMT] anticipates the first foreign sale of its international version of the U.S. Navy’s Littoral Combat Ship sometime this year, a company executive said Friday. Joe North, vice president for littoral ship systems at Lockheed Martin’s Mission Systems and Training unit, said the interested country is a Southeast Asian nation but would not provide further details. The company is also close to a deal with an unnamed Middle Eastern country, but it could take longer because it would…

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Congress Updates

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White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

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