Lockheed Welcomes US Plan to Use Its Combat System for Frigates
Lockheed Martin Corp on Friday welcomed the U.S. Navy's decision to use Lockheed's integrated combat system for future frigate-class ships to be built beginning in fiscal 2019, saying it would allow greater commonality across the entire Navy fleet. "It's great news," Joe North, vice president of Littoral Ships and Systems at Lockheed, told Reuters in a telephone interview. Neither the Navy nor Lockheed provided an estimate for the value of the combat system, but North said each system accounted for less than 10 percent of the cost of the ship.
Lockheed Lay Seventh LCS Keel
Seventh Littoral Combat Ship (LCS) takes shape as Lockheed Martin team lays keel of the future 'USS Detroit'. The event was part of a time-honored keel laying ceremony that took place at the Marinette Marine Corporation shipyard in Wisconsin. The Lockheed Martin-led LCS team includes ship builder Marinette Marine Corporation, a Fincantieri company, naval architect Gibbs & Cox, as well as hundreds of domestic and international suppliers, including approximately 30 small businesses in Wisconsin and Michigan.
Lockheed Martin Offer LCS Warships World-wide
Leveraging on its USN Littoral Combat Ships (LCS) experience, Lockheed Martin offers a Multi-Mission Combatant for navies worldwide. With two Littoral Combat Ships (LCS) currently in the U.S. Navy fleet, two more in production and two others under contract, Lockheed Martin is leveraging experience gained through the LCS program to offer a Multi-Mission Combatant for navies worldwide. The Multi-Mission Combatant is an agile, modular vessel capable of speeds in excess of 40 knots. It provides the power of a larger platform with a smaller crew, similar to the core 40 sailors the U.S.
Lockheed Martin Awarded $376m for LCS
The U.S. Navy awarded a Lockheed Martin (NYSE: LMT)-led industry team $376m to build the seventh Littoral Combat Ship (LCS). The fixed-price-incentive-fee contract provides funding for the second of 10 ships the Navy awarded to the Lockheed Martin team in December 2010. The contracts for the remaining eight ships will be awarded through 2015. Marinette Marine Corporation, a Fincantieri company, will construct the ships in Marinette, Wis., and naval architect Gibbs & Cox will provide engineering and design support.