Navy punting LSM award due to pricier-than-expected bids

By Nick Wilson / December 11, 2024 at 1:04 PM
The Navy has been forced to further postpone procurement of the Landing Ship Medium due to higher-than-expected bids, according to the assistant Navy secretary for research, development and acquisition, who today cast doubt on the service's previous plan to procure the lead vessel in fiscal year 2025. “We put it out for bid, and it came back with a much higher price tag, and we simply weren't able to pull it off. So, we had to pull that solicitation back...

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.