, Based on a comprehensive review of the Littoral Combat Ship (LCS) acquisition program, Secretary of the Navy Donald C. Winter announced today that he is prepared to lift a previously issued stop work order for construction of LCS 3. The ship is currently under contract to Lockheed Martin Corp. Maritime Systems & Sensors unit, Moorestown, N.J. Lifting the stop work order is contingent upon the Navy and Lockheed Martin reaching agreement on a renegotiated contract.
As a result of a nearly two-month assessment, the Navy has revalidated the warfighting requirement and developed a restructured program plan for the LCS that will improve management oversight, implement more strict cost control, incorporate selective contract restructuring and ensure that an important warfighting capability is provided to the fleet consistent with a realistic schedule.
This plan will ensure best value to the Navy for the completion of LCS ships 1-4, procurement of existing designs in fiscal 2008 and 2009 to fill the critical warfighting gap and establish a sound framework for transition to a single selected design in fiscal 2010. The Navy will work closely with Congress on reprogramming actions necessary to bring this program forward.
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...
