Navy to Lockheed, "Not so fast!" on new warships

Manufacturing News, Source : The Manufacturer US
Published : 15 Jan 2007 18:01

CNN is reporting that the US Navy has put the brakes on Lockheed Martin's production of two battleships.

The Navy demanded the 90-day halt while it reviewed significant cost overruns. One of the two, The USS Freedom, a is a littoral combat ship (designed to defend close to US shores), at a cost of $1.3 billion.

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