Hello, Guest!
  • Tuesday, April 16, 2024

Lockheed, Austal Get Navy LCS Contract Modifications


Lockheed Martin (NYSE: LMT) and Austal‘s U.S. arm have received separate contract modifications to build three fiscal 2018 littoral combat ships for the U.S. Navy.

The Defense Department said Tuesday Lockheed will develop one LCS and Austal USA will construct two ships under the fixed-price-incentive modifications awarded by Naval Sea Systems Command.

Work will primarily occur in Marinette, Wis. and Mobile, Ala., through September 2024.

“The Navy may release a competitive solicitation(s) for additional LCS class ships in fiscal 2019, and therefore the specific contract award amount for this ship is considered source selection sensitive information,” according to the DoD notice.

NAVSEA said Tuesday the three ships in the two contract modifications will be designated as LCS 29, LCS 32 and LCS 34.

The Navy has procured a total of 32 LCS vessels and 16 of those have already been delivered.

Video of the Day

Related Articles

Austal USA Wins $216M Navy IDIQ for Littoral Combat Ship Repair, Maintenance Contract Awards

Austal USA Wins $216M Navy IDIQ for Littoral Combat Ship Repair, Maintenance

Austal‘s U.S. business arm has received a potential five-year, $215.9 million contract from the U.S. Navy to repair and maintain littoral combat ships stationed in the countries and ports within the Western Pacific and the Indian Ocean. Under a $72.5 million base contract award, Austal USA will primarily perform work in Singapore from January 2022

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

3 Shipyard Operators Win Spots on $345M Navy LCS Sustainment Contract Contract Awards

3 Shipyard Operators Win Spots on $345M Navy LCS Sustainment Contract

Austal USA, Epsilon Systems Solutions and Continental Maritime of San Diego have secured positions on a 19-month, $344.7 million contract to sustain littoral combat ships for the U.S. Navy. The three shipyard operators will compete for delivery orders to perform sustainment work on LCS vessels homeported in San Diego, the Department of Defense said Wednesday.