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Navy/USMC

Navy Lays Out Frigate Cost And Schedule, Follow-On Ships Below Target Cost

Friday, May 1st, 2020

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Navy Lays Out Frigate Cost And Schedule, Follow-On Ships Below Target Cost

Fincantieri Marinette Marine’s winning offering for the U.S. Navy’s FFG(X) Future Frigate program, based on the FREMM frigate built for the French and Italian navies. (Graphic: Fincantieri Marinette Marine)

Top Navy officials on Thursday laid out the expected costs and timetable of the newly awarded Fincantieri FFG(X) frigate contract win and estimated follow-on vessels will stay below the target price of $800 million each. On April 30, the Navy awarded Fincantieri a $795 million contract for the detail design and construction (DD&C) of the FFG(X) over three rival bids. It includes options to deliver up to a total planned 10 ships at a total cost of $5.576 billion. The…

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Budget

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Congress

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Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

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