The Navy announced today that teams led by Lockheed Martin and General Dynamics each won contracts for the hotly contested Littoral Combat Ship -- a small, fast ship that represents the Navy's shifting combat focus from the high seas to waters close to shore. A team led by Raytheon was also in the running but was not selected. Lockheed won a $47 million, seven-month contract and GD won a $79 million, 16-month contract for final system design, with options for...
