Lockheed and Austal receive additional LCS construction contracts from US Navy

1 April 2015 (Last Updated April 1st, 2015 18:30)

The US Navy has awarded construction contracts to Lockheed Martin and Austal to build additional littoral combat ships (LCS).

LCS-10

The US Navy has awarded construction contracts to Lockheed Martin and Austal to build additional littoral combat ships (LCS).

Austal USA has received $691m in funding for the construction of LCS 22 and LCS 24, which brings the total contract value to A$3.1bn ($2.36bn).

In addition, the US Navy has included an option for the construction of an additional LCS 26, which can be exercised next year.

With this option, the total Independence-variant LCS constructed by Austal would be 13 ships, including 11 built by Austal and two by its subcontractor.

"It is pleasing to see the navy's confidence in Austal's ability to produce these high-quality vessels."

Austal CEO Andrew Bellamy said: "It is pleasing to see the navy's confidence in Austal's ability to produce these high-quality vessels."

Under the ten-vessel contract signed in 2010, Austal has seven LCS in various stages of construction at its shipyard in Mobile, Alabama, US.

Lockheed Martin was awarded a contract modification for one fully funded 2015 LCS valued at $362m, along with $79m in advanced procurement funding for a second ship.

This contract modification is for construction of LCS 21 and LCS 23, the 11th and 12th Freedom variant ships.

The vessels are being built by Marinette Marine Corporation, a Fincantieri company, with engineering support from naval architect Gibbs & Cox of Arlington.

The US Navy began the LCS programme in 2002 aimed to assemble a new class of up to 55 ships for multi-mission support.


Image: The US Navy's LCS 10, Gabrielle Giffords, with helicopter landing. Photo: courtesy of Austal.