Littoral Combat Ships

The launch of the latest Freedom-variant Littoral Combat Ship (LCS), the USS Cleveland (LCS 31), encountered a minor mishap last weekend when the vessel

by Sameer Manekar (Reuters) – Australian shipbuilder Austal sank as much as 8.4% to its lowest level in more than four years on Monday after the United

Indictment reveals multi-year scheme to manipulate financial statements and mislead investors. A federal grand jury indicted three Alabama men on charges of

By Tony Capaccio (Bloomberg) –The US Navy wants to scrap nine of 16 Littoral Combat Ships built by Lockheed Martin Corp. well short of their projected

By Tony Capaccio (Bloomberg) The U.S. Navy’s troubled fleet of Littoral Combat Ships has “not yet demonstrated the operational capabilities it needs

by John Konrad (gCaptain) You maybe confused by this headline but so are we. USS Freedom (LCS 1), the lead ship of the Freedom-variant Littoral Combat Ship,

The U.S. Navy has decommissioned the 2010-built USS Independence (LCS 2), the first Independence variant Littoral Combat Ship. The Independence, which was

Australian-based shipbuilder Austal has announced the resignation of Austal USA president Craig Perciavalle amid ongoing investigations in the United States

The U.S. Navy has awarded contracts for another three Littoral Combat Ships, bringing the total number of vessels ordered so far to 32. The new awards were

The U.S. Navy’s newest Littoral Combat Ship, USS Little Rock, will have to spend its winter up north instead of Florida’s warmer waters after the

By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. will deliver its eight remaining Littoral Combat Ships an average of 11 months late, more

By Tony Capaccio (Bloomberg) — The U.S. Navy has found $500 million to buy a second Littoral Combat Ship in next year’s budget after scrounging that

The U.S. Navy commissioned its newest littoral combat ship, USS Gabrielle Giffords (LCS 10), before a crowd of 2,500 at Pier 21 at the Port of Galveston on

By Tony Capaccio (Bloomberg) — The White House budget office and the Navy are rushing to find an extra $600 million to buy a second Littoral Combat Ship

By Tony Capaccio (Bloomberg) — The U.S. Navy will delay by at least a year plans to award a multibillion-dollar construction contract for a frigate meant

By Tony Capaccio (Bloomberg) — Congress should consider delaying an upcoming U.S. Navy request for as much as $9 billion to start work on 12

By Tony Capaccio (Bloomberg) — The Pentagon office that reviews information to determine whether it’s classified has blocked publication of

The U.S. Navy has taken delivery of its ninth Littoral Combat Ship, named after former Arizona congresswoman Gabrielle “Gabby” Giffords. The future

By Tony Capaccio (Bloomberg) — The U.S. Navy must pay “for the vast majority of defects” on its troubled Littoral Combat Ship, not contractors

By Tony Capaccio (Bloomberg) — The U.S. Navy’s Littoral Combat Ship program “stands at a crossroads,” as the service prepares to ask Congress