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Navy/USMC

Navy Awards Two LCSs To Austal, One To Lockheed Martin

Thursday, September 20th, 2018

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Navy Awards Two LCSs To Austal, One To Lockheed Martin

The Independence-variant USS Manchester (LCS-14) littoral combat ship completing acceptance trials in Dec. 2017. (Photo: U.S. Navy courtesy of Austal USA).

The Naval Sea Systems Command (NAVSEA) this week awarded two fixed-price firm target modifications to Lockheed Martin [LMT] and Austal USA for one and two FY 2018 Littoral Combat Ships (LCSs), respectively.The Navy said it would not release the contract values because it may release a competitive solicitation for additional LCSs in FY 2019 so the specific contract dollar numbers are “considered source selection sensitive information.”Lockheed Martin is the prime integrator for the odd-numbered Freedom-variant, built at Fincantieri’s Marinette Marine…

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