The U.S. Navy said yesterday that it was canceling a widely criticized Lockheed Martin Corp. contract to build a next-generation combat ship after negotiations to control cost overruns failed. ‘We’re disappointed, but we have to have it at a price we can afford,’ Navy Adm. Charles Goddard said at a Pentagon press briefing to discuss the unusual decision.
News
about 19 years ago
Navy cancels Lockheed combat-ship contract
The U.S. Navy said yesterday that it was canceling a widely criticized Lockheed Martin Corp. contract to build a next-generation combat ship after negotiations to control cost overruns failed. ‘We’re disappointed, but we have to have it at a price we can afford,’ Navy Adm. Charles Goddard said at a
Reach the Offshore Energy industry in one go!
Offshore Energy is read by thousands of professionals every day.
Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.
Follow Offshore Energy on: