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.
Green Marine
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
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