Hello, Guest!
  • Wednesday, April 24, 2024

Lockheed, Austal Land Navy Contract Modifications for Freedom, Independence LCS


Littoral-Combat-ShipLockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy.

Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal’s U.S. business will construct an Independence-variant combat vessel (LCS 26) for another $564 million, the Defense Department said Thursday.

The service branch awarded the modifications to exercise options in previously awarded contracts, DoD added.

Contract line items for each LCS include seaframe construction, ship systems equipment and systems tests and integration.

Both contractors are scheduled to complete contract work by July 2020, according to DoD.

The Naval Sea Systems Command will obligate the full amount for each contract modification from the military branch’s shipbuilding and conversion funds for fiscal 2016.

Video of the Day

Related Articles

BAE Awarded $463M Army Howitzer Sustainment Support Work Contract Awards

BAE Awarded $463M Army Howitzer Sustainment Support Work

BAE Systems has received a $463.2 million contract from the U.S. Army to maintain 155 mm lightweight towed howitzers for domestic and foreign military customers. The firm-fixed-price award covers the provision of catalog parts and manpower services to support the life cycle sustainment of the U.S. and Australian M777A2 howitzer fleet and Canada’s M777C1 artillery

Navy Awards $419M in Contract Modifications for Littoral Combat Ship Maintenance Support Contract Awards

Navy Awards $419M in Contract Modifications for Littoral Combat Ship Maintenance Support

The U.S. Navy has awarded 14 companies spots on two contract modifications worth $419 million combined to provide maintenance, repair and modernization support services for littoral combat ships based in San Diego. Majority of the work will occur on the West Coast and the rest will be carried outside the continental U.S., including Singapore, through

Navy Issues $2.76B in Multiple-Award Contracts for Littoral Combat Ship Sustainment Services Contract Awards

Navy Issues $2.76B in Multiple-Award Contracts for Littoral Combat Ship Sustainment Services

The U.S. Navy has awarded three multiple-award contracts worth approximately $2.76 billion combined to provide sustainment support for littoral combat ships homeported in Mayport, Florida. BAE Systems’ ship repair business and Fincantieri Marine Systems North America will compete for delivery orders under a potential five-year, $1.3 billion contract for LCS sustainment work, the Department of