U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $15 million contract to mature its Freedom-variant Frigate design as a part of the Navy's FFG(X) competition. Lockheed Martin submitted its Freedom-variant Littoral Combat Ship (LCS) parent design in response to the U.S. Navy's FFG(X) conceptual design solicitation with Fincantieri Marinette Marine as its shipbuilder and Gibbs & Cox as its naval architect. "We are proud of our 15-year partnership with the U.S. Navy on the Freedom-variant Read More