FinancialContent is the trusted provider of stock market information to the media industry.
Nation's Third Littoral Combat Ship Delivered Two Months Early
MARINETTE, Wis., June 6, 2012 /PRNewswire/ -- The Lockheed Martin [NYSE: LMT]-led industry team delivered the nation's third Littoral Combat Ship, Fort Worth (LCS 3), to the U.S. Navy two months ahead of schedule.
The delivery followed the ship's successful Acceptance Trials on Lake Michigan in May.
"By delivering Fort Worth early and performing so successfully at Acceptance Trials, this team has reached milestones rarely seen this early in a new ship class," said U.S. Navy LCS Program Manager Rear Admiral (Select) John Neagley.
"Going forward, we intend to remain on schedule and on cost, while we continue incorporating lessons learned and drive down costs," said Joe North, vice president of Littoral Ship Systems at Lockheed Martin's Mission Systems & Sensors business.
The ship will remain at the Marinette Marine Corporation shipyard in Marinette, Wis., until later this summer as the Navy crew moves aboard in preparation for transiting down the East Coast on its way to commissioning in Galveston, Texas, in September.
The Lockheed Martin-led LCS team includes ship builder Marinette Marine Corporation, a Fincantieri company, naval architect Gibbs & Cox, as well as domestic and international teammates.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.
For additional information, including photos, visit our website: http://www.lmlcsteam.com
SOURCE Lockheed Martin
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here