Lockheed welcomes U.S. plan to use its combat system for frigates

Lockheed Martin Corp on Friday welcomed the U.S. Navy’s decision to use Lockheed’s integrated combat system for future frigate-class ships to be built beginning in fiscal 2019, saying it would allow greater commonality across the entire Navy fleet.

“It’s great news,” Joe North, vice president of Littoral Ships and Systems at Lockheed, told Reuters in a telephone interview. “Now we get to move out and get the fleet on one system.”

Neither the Navy nor Lockheed provided an estimate for the value of the combat system, but North said each system accounted for less than 10 percent of the cost of the ship. The last three ships ordered by the Navy ranged in price from $345 million to $441 million.

Continue reading at http://www.reuters.com/article/2015/08/21/us-lockheed-ships-idUSKCN0QQ2DO20150821?feedType=RSS&feedName=everything&virtualBrandChannel=11563.