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Tuesday, June 02, 2009

Cost estimates rise for first LCS ships

USS Freedom (LCS-1)The estimated cost of the first of the Navy’s Littoral Combat Ships rose a modest $6 million over the past year, but the price tag to complete the second LCS jumped $68 million, putting the ship over the $700 million mark, Pentagon budget documents show.

The price to build, outfit and deliver the Freedom (LCS 1) now is $637 million, up from last year’s estimate of $631 million.

The ship was delivered to the Navy last September and commissioned in November, but the service and shipbuilder Lockheed Martin will continue to complete the warship well into 2009, as intended.

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