U.S. Navy eyes next coastal warship contracts in first quarter | Reuters: The U.S. Navy plans to awardcontracts before the end of the first quarter to Lockheed MartinCorp and Australia's Austal for its next threeLittoral Combat Ships as well as money to buy materials for afourth, Navy officials said Thursday.
Navy acquisition chief Sean Stackley told reporters the Navywas in talks with both companies and expected to award contractsbefore the pricing in the current proposals expired at the endof March.
Rear Admiral Brian Antonio, program executive officer forthe LCS ships, said one of the companies would be awarded acontract for two ships while the other would receive funds forone plus money to start buying material and components for asecond.
