The Navy is considering whether to terminate or continue a $197.6 million Lockheed Martin contract to develop a Littoral Combat Ship, which is now on hold, Chief of Naval Operations Adm. Michael Mullen said today. The Navy issued the 90-day stop-work order Jan. 12 to temporarily prevent Lockheed from building the vessel called LCS-3, which would be the second LCS built by Lockheed and the third in the program. General Dynamics is developing another version based on a different design...
