, The Navy has issued a stop work order today to Lockheed Martin Corp. Maritime Systems & Sensors unit, Moorestown, N.J., for the construction of the third Littoral Combat Ship (LCS). This stop work order will take effect immediately and is for a period of 90 days.
The stop work order was issued because of significant cost increases currently being experienced with the construction of LCS-1 and LCS-3, under construction by Lockheed Martin.
US military ‘not ready’ to escort tankers through Hormuz Strait
The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets...
