Lockheed Martin (NYSE: LMT) and Austal’s U.S. arm have received six-year contracts worth $584.2 million each to help the U.S. Navy build Littoral Combat Ships. The contract modification awarded to Austal USA covers LCS design, planning, construction and testing activities in exercise of an option to a previously awarded contract, the …

Austal’s U.S. arm has received a potential five-year, $584.2 million contract to build a Littoral Combat Ship for the U.S. Navy. The fixed-price-incentive contract covers LCS class services and integrated data environment assistance and includes options for post-delivery availability support and construction of additional LCS vessels, the Defense Department said Friday. Austal …

The U.S. Navy has awarded Austal USA a $248.9 million contract modification to definitize the procurement of long lead-time materials as well as to commence design and construction of the military branch’s 11th and 12th Expeditionary Fast Transport vessels. The EPF vessels will be built to transport personnel, supplies and equipment for the Navy, …

Lockheed 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 …

Austal‘s U.S.-based subsidiary has received a potential three-year, $198.4 million contract modification from the U.S. Navy to carry out Littoral Combat Ship upgrade design services and frigate preliminary design services. The company said Tuesday the award is part of a $3.5 billion contract with the Navy on the production of 11 LCS …

Austal USA and Lockheed Martin (NYSE: LMT) have received contract modifications for each company to build two more Littoral Combat Ships for the U.S. Navy, USNI News reported Wednesday. Megan Eckstein writes the military service awarded Lockheed approximately $362 million for the construction of one LCS and about $79 million …

The U.S. Navy has awarded approximately $1.4 billion in contract funds to Austal USA and Lockheed Martin (NYSE: LMT) for construction of four additional Littoral Combat Ships. Contract line items for each ship cover seaframe construction, systems integration and test and systems equipment, the Defense Department said Monday. Lockheed was awarded …

Lockheed Martin (NYSE: LMT) and Australia-based shipbuilder Austal have each won separate contracts worth nearly $1.4 combined to build four battleships for the U.S. Navy. Lockheed will build two steel monohull Littoral Combat Ships under a $697 million contract and Austal’s U.S. unit will build two aluminum-hulled LCS ships for …

The U.S. Navy has awarded five companies contracts to come up with a conceptual design of the service’s future guided missile frigate. The Naval Sea Systems Command received six proposals for the firm-fixed-price contracts as part of the FFG(X) ship program, the Defense Department said Friday. NAVSEA selected Austal, Fincantieri Marinette …

The Naval Sea Systems Command has announced plans to award a contract to Lockheed Martin (NYSE: LMT) to provide a common combat management platform for future frigates, USNI News reported Wednesday. Megan Eckstein writes the service branch’s intention to award the sole-source contract to Lockheed comes after its decision to …