Huge overrun on the lead ship drives efforts to revamp the program
The U.S. Navy is expected to confirm early this month that cost overruns for the first Littoral Combat Ship are as much as $105 million, almost 40% more than the $270 million agreed to with contractor Lockheed Martin Corp. The swelling cost of this first-in-class ship, which led the service to issue a 90-day stop-work order in January on the second vessel Lockheed is to build, ignited a debate among members of Congress over military spending and the way the Navy is running the LCS program. ...
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