FY-11 LCS Contracts On Hold Because Of Continuing Resolution

By Cid Standifer / March 10, 2011 at 4:53 PM
Fiscal year 2011 contracts for the Littoral Combat Ship line are on hold due to uncertainty over the continuing resolution that controls Pentagon spending, according to the Navy's acquisition czar. The Navy had planned to buy one ship each from Austal USA and Lockheed Martin-Marinette Marine in FY-11 and is permitted to do so under the continuing resolution because the contracts would not constitute a new program or a build increase. However, Assistant Secretary of the Navy for Research, Development...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.