U.S. Navy awards contracts to Lockheed, Austal for four more ships

WASHINGTON Mon Mar 10, 2014 5:46pm EDT

The future USS Freedom (LCS 1), the first ship in the U.S. Navy's new Littoral Combat Ship (LCS) class, undergoes builder's trials on Lake Michigan near Marinette, Wisconsin in this picture taken July 28, 2008. REUTERS/U.S. Navy/Lockheed-Martin/Handout

The future USS Freedom (LCS 1), the first ship in the U.S. Navy's new Littoral Combat Ship (LCS) class, undergoes builder's trials on Lake Michigan near Marinette, Wisconsin in this picture taken July 28, 2008.

Credit: Reuters/U.S. Navy/Lockheed-Martin/Handout

WASHINGTON (Reuters) - The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships - two from Lockheed Martin Corp (LMT.N) and two from Australia's Austal (ASB.AX), the U.S. Defense Department said on Monday.

Lockheed won a contract valued at $699 million to build two more of its steel monohull-design ships, while Austal won a contract worth $684 million to build two more of its aluminum trimaran design.

The Pentagon announced the contract awards in its daily digest of major weapons contracts.

(Reporting by Andrea Shalal. Editing by Andre Grenon)

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Comments (1)
nose2066 wrote:
Are these ships specifically destined for Korea???

Where else on Earth would they be useful??? Presumably they are offensive weapons rather than defensive weapons.

Mar 10, 2014 11:49pm EDT  --  Report as abuse
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