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Monday, February 17, 2014

Lockheed Martin Faces a Devastating Blow to Its Littoral Combat Ship

USS FreedomLockheed Martin is no stranger to cost overruns, and extensive delays -- just look at its F-35 for more than one example. However, Lockheed's latest debacle has nothing to do with the F-35. It doesn't even concern a plane.

Lockheed's latest contract catastrophe concerns the $32 billion Littoral Combat Ship, or LCS. Here's what you need to know.

Low survivability
Originally, the LCS was designed to defeat threats like submarines, swarms of small boats, and mines, as well as provide dominance in the coastal water battlespace.

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