Home / Tag Archives: austal

Tag Archives: austal

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 …

Read More »

Navy Awards FFG(X) Frigate Conceptual Design Contracts to 5 Firms

The U.S. Navy has awarded five companies separate contracts to provide 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‘s U.S. subsidiary, Fincantieri …

Read More »

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

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 …

Read More »

Navy Awards Austal USA $198M for LCS, Frigate Design Services

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 …

Read More »

USNI News: Lockheed to Secure Combat Mgmt System Contract for Navy’s Future Frigates

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 …

Read More »

Joe North: Lockheed Suggests “Low-Risk” Design Options for Navy’s Littoral Warship Program

Lockheed Martin (NYSE: LMT) and Austal have responded to the U.S. Navy‘s request for information on technical data and cost estimates for the service’s future warships and associated weapons, Reuters reported Thursday. Andrea Shalal writes that the Navy formed a task force to review the Littoral Combat Ship program and …

Read More »

Lockheed, Austal Win $1B For 4 Navy Combat Ships

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 …

Read More »