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Lockheed Martin Nabs $451 Million In More Long-Lead Work On Saudi Surface Combatants

Friday, July 20th, 2018

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The Naval Sea Systems Command on July 16 awarded Lockheed Martin [LMT] a $451 million modification for the long-lead-time and detail design to support building four Multi Mission Surface Combatant (MMSC) ships for a sale to Saudi Arabia.The MMSC is based on the Freedom-variant Littoral Combat Ship (LCS) hull, built at Fincantieri Marinette Marine in Wisconsin. Lockheed describes it as using that proven hull to meet international navies’ maritime needs.Previously the U.S. Navy awarded Lockheed Martin $481 million for long-lead-time material to support building the…

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