Navy Awards Funds For FY-11 LCS Buy

By Cid Standifer / March 17, 2011 at 10:18 PM
The Navy has awarded funds for its planned fiscal year 2011 purchase of Littoral Combat Ships, according to an announcement released today. When it finalized the dual block buy strategy at the end of last year, the Navy said it would award two ships in the FY-11 budget. The FY-11 purchase technically modifies the contracts for the FY-10 buys from Austal USA and the Marinette Marine-Lockheed Martin teams, which included options for the FY-11 buy. The first two ships from...

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.