World at Work: Marinette, Wisconsin

By Jane Hwang - 2013-03-07T18:06:34Z

Photograph by Daniel Acker/Bloomberg 

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Littoral Combat Ships

This week's "World at Work," a weekly slideshow featuring economic events from around the world through the photography of Bloomberg News, photographer Daniel Acker looks at the construction of Littoral Combat Ships (LCS) in Marinette, Wisconsin. The $500 billion in spending cuts at the Pentagon began on March 1. Lockheed Martin Corp. (LMT) and Austal Ltd. (ASB) received a combined $1.38 billion in orders for continued purchases of the LCS, according to the Pentagon, on March 4. 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, said the U.S. Department of Defense. The estimated price to build each littoral combat ship has doubled to $440 million in operating and maintenance costs, according to Rear Admiral James Murdoch, who oversees the vessel's design and procurement.

Left, workers construct an LCS at Marinette Marine Corp., in Marinette, Wisconsin. The company makes one version of the littoral combat ship, in partnership with Lockheed Martin Corp.

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