Contractors warned to curb costs of ships

Article Abstract:

The contractors engaged in ship and submarine building are warned to reduce the cost of production due to the deficit in the budget for maintenance and constructions of fleet. The options chosen by the Navy are to build ships with regard to the key parameters with less and minimum hardware required to combat warfare and providing of stabilized dependable future orders to the contractors as their orders are blamed by contractors to be unwary and erratic.

Production management, Commodity & service prices, Ship Building and Repairing, Military Ships, Shipbuilding & Repair, Prices and rates, Shipbuilding industry, Naval art and science, Naval warfare, Company pricing policy

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Navy selects General Dynamics , Lockheed, Raytheon for LCS

Article Abstract:

The author examines the U.S. Navy defense contract award for work design work on the Littoral Combat Ship. Topics include defense contracts, naval vessel designs, and the use of sub-contracts.

Contracts & orders received, Contracts & orders let, Contracts, Electronics industry, Contract agreement, Aircraft industry, Lockheed Martin Corp., Raytheon Co., General Dynamics Corp., GD, LMT, RTN, Weapons industry, Defense contracts, Government contract, Defence contracts

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