U.S. Navy, Plans Winner-Take-All Ship Deal

September 17, 2009

According to a Reuters report, The U.S. Navy said on Sept. 17 it would award a winner-take-all contract for up to 10 new ships designed to fight close to shore as part of a revised acquisition strategy. The Navy canceled a split-buy approach after concluding that economies of scale would be necessary to afford all 55 "littoral combat ships" or LCS it aims to buy.

(Source: Reuters)

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