Tag Archives: Fincantieri Marinette Marine

Fincantieri Subsidiary Wins Potential $5.6B Navy FFG(X) Frigate Design, Construction Contract


A Wisconsin-based subsidiary of Fincantieri has won a potential 15-year, $5.6B contract from the U.S. Navy to design and build up to 10 FFG(X) guided-missile frigates. Naval Sea Systems Command received four offers for the fixed-price incentive contract, which has a base value of $795.1M and covers engineering and class services, post-delivery availability support, training equipment, crew familiarization and provisioned item orders, the Department of Defense said Thursday.

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Lockheed Wins Potential $125M Contract to Engineer Navy Guided Missile Frigate Combat System

Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday.

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Lockheed, Freedom LCS Partners Tour Navy Sec. Richard Spencer Around Wisconsin Shipyard

TYSONS CORNER, VA, July 2, 2018 — Lockheed Martin (NYSE: LMT) and its shipbuilding partners have hosted U.S. Navy Secretary Richard Spencer on a tour around the Wisconsin shipyard where the team builds Freedom-variant littoral combat ships for the service branch, ExecutiveBiz reported Friday. Spencer visited the Fincantieri Marinette Marine shipyard to …

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Lockheed-Led Team Christens Navy’s Future USS Indianapolis LCS

TYSONS CORNER, VA, April 17, 2018 — An industry team led by Lockheed Martin (NYSE: LMT) has hosted the christening ceremony for the U.S. Navy’s 17th Littoral Combat Ship at a shipyard in Marinette, Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the future USS Indianapolis ship will continue to undergo …

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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 …

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Lockheed-Led Team Receives $279M From Navy to Fund USS Cooperstown

The U.S. Navy has awarded $279 million in funds to an industry team led by Lockheed Martin (NYSE: LMT) for the construction of the future littoral combat ship USS Cooperstown. Lockheed said Monday the funds add to the $79 million advanced procurement budget that Congress granted in March for the Freedom-variant LCS …

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