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Lockheed Martin (LMT) Wins $79M Deal to Support LCS Program Zacks.com 2 hrs ago Lockheed Martin Corp.’s LMT Rotary and Mission Systems (RMS) business division recently secured a $72.2-million modification contract to support sustainment of the Littoral Combat Ship Component Based Total Ship System (COMBATSS-21) and associated combat system elements. The contract was awarded by the Naval Sea Systems Command, Washington, D.C. Majority of the work related to the deal will be conducted in Jarfalla, Sweden. The work is expected to be completed by May 2022. COMBATSS-21 Specifics Littoral Combat...

China Shipbuilding Industry Report 2021: China's Shipbuilding Completion Volume Fell by 27.3% in Q120 Due to COVID-19 February 11, 2021 05:58 ET | Source: Research and Markets Research and Markets Dublin, IRELAND ResearchAndMarkets.com's offering. Shipbuilding is a modern and comprehensive industry of strategic importance that provides technical equipment to industries such as water traffic, ocean development and national defense. China's shipbuilding industry has been developing rapidly with the government's policy support and cost advantages si...