Austal LCS Contracts Signify Navy's Program Commitment

Press Release
Monday, March 04, 2013
USS Independence: Photo credit USMRA

The US Navy has exercised contract options with Austal USA for the construction of LCS 14 & LCS 16.

Austal USA’s order backlog has grown by approximately $681.7 million dollars as a result of two additional Littoral Combat Ship (LCS) contract options being exercised by the United States Navy.

The contract options fund construction of the LCS 14 and LCS 16, the fifth and sixth ships in the 10-ship block buy award made to an Austal-led team in December 2010. That 10-ship program is potentially worth over $3.5 billion.

Austal has been contracted by the U.S. Navy to build ten 103-meter JHSVs under a 10-ship, $1.6 billion contract, one of which has already been delivered, and eight 127-meter Independence-variant LCS class ships (including USS Independence, delivered to the Navy in 2009), six of which are a part of a 10-ship, $3.5 billion contract.

USNS Choctaw County (JHSV 2) and Coronado (LCS 4) have both been launched and are preparing for sea trials later this spring. Construction of another three JHSVs and two LCSs is also underway in Austal’s Mobile, Alabama shipyard.

Austal Chief Executive Officer Andrew Bellamy said the company’s U.S. Navy programs provide revenue and workload for years to come. “Austal’s production of these revolutionary ships continues to expand and improve, simultaneously delivering better program outcomes for the Navy and improved financial results for the company’s shareholders,” he said.


 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

ERMA Bullish on Ballast Water Treatment

After having delivered several BWTS systems in Kita Nihon shipyard in Japan, one more ERMA FIRST BWTS was successfully installed onboard the Bulk Carrier M/V SCARABÉ(DWT: 60,

USS Freedom (LCS 1) Completes Rough Water Trials

The littoral combat ship USS Freedom (LCS 1) completed Seakeeping and Structural Loads Trials, commonly referred to as Rough Water Trials (RWT) in late March the Navy reported May 21.

Navy

Russian, Azerbaijani Navy to Hold First Ever Joint Drills in Caspian Sea

About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District.

India-ASEAN Naval Cooperation On

The Indian Navy's indigenous offshore patrol vessel, INS Saryu, will participate in a week-long ASEAN Regional Forum (ARF) Disaster Relief Exercise (DiREx).   According to an official statement,

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1737 sec (6 req/sec)