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Tuesday, August 03, 2010

Navy poised to pick builder of new Littoral Combat Ship this summer


The Navy plans to pick a winner this summer in the contest to build a new high-speed warship that can prowl close to shorelines as a vital part of future military strategy.

But whether the service can live up to its promises to build an inexpensive ship that can do a variety of missions remains a big question, defense industry analysts and congressional leaders say.

Two companies -- General Dynamics of Falls Church, and its partner, and Lockheed Martin of Bethesda -- are competing for the contract to build what is known as the Littoral Combat Ship (LCS), a deal that could be worth as much as $28 billion over several decades.

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