Lockheed Martin vies for LCS contract

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WASHINGTON, April 13 (UPI) -- A team led by Lockheed Martin submitted a proposal to the U.S. Navy for the Littoral Combat Ship for the fiscal years 2010-14 contract.

The U.S. Navy in March 2009 awarded Lockheed Martin with an incentive fee contract to build the third Littoral Combat Ship for the Navy. The future USS Fort Worth is nearly 40 percent complete at a shipyard in Marinette, Wis.

The USS Freedom, the first LCS ship for Lockheed Martin, was delivered to the U.S. Navy in 2009. It entered service in February, approximately two years ahead of schedule, the company said.

"We are offering the U.S. Navy a low-risk, affordable design that has already proven itself essential to the expanding challenges faced by our sailors," said Lockheed Martin Chairman and Chief Executive Bob Stevens.

The winning team receives contracts for as many as 10 LCS ships and combat system for five more vessels