
Lockheed Martin [LMT] won a $1.96 billion modification for the detail design and construction (DD&C) of four Multi Mission Surface Combatant (MMSC) ships for Saudi Arabia. The MMSC is based on the Freedom-variant Littoral Combat Ship built at subcontractor Fincantieri Marinette Marine’s shipyard in Wisconsin. The December 20 MMSC award is part of a larger memorandum of intent the U.S. and Saudi Arabia signed in 2017 covering almost $110 billion in foreign military sales over 10 years (Defense Daily, May…