Lockheed, Austal Share $1.38 Billion for Littoral Ships
This article is for subscribers only.
Lockheed Martin Corp. and Austal Ltd. today received a combined $1.38 billion in orders for continued purchases of the Littoral Combat Ship, according to the Pentagon.
The Navy’s orders, made under existing contracts, will pay for the 13th through 16th vessels in the program’s initial purchase of 20 ships divided between Bethesda, Maryland-based Lockheed and Austal based in Henderson, Australia, the Defense Department said today in a summary of contracts.