Lockheed Martin Awarded First Contract for New Saudi Frigates

Lockheed Martin Awarded First Contract for New Saudi Frigates.

Lockheed Martin has received a $22.7 million contract from the Defense Department to transform the design of current Freedom-class littoral combat ships into a heavily armed multi-mission surface combatant, USNI News reported Thursday.

The contractor secured the award via a potential $20 billion foreign military sales deal with Saudi Arabia for various arms such as frigates which will be manufactured for the Saudi Naval Expansion Program II.

USNI News

https://news.usni.org/2017/11/30/lockheed-martin-awarded-first-contract-new-saudi-frigates