Navy Brass Seeks Congress' Patience With LCS Ship Process

Law360, New York (July 25, 2013, 4:46 PM EDT) -- Navy leaders on Thursday asked Congress for patience and a firm financial commitment to its new Littoral Combat Ship, saying early acquisition problems have been ironed out and that the new ship will allow the Navy to dominate shallow-water combat more cheaply than any other option.

The $40 billion Littoral Combat Ship program has faced congressional scrutiny for defects, including recent power failures that forced the first ship to return to port early in its deployment, and for the Navy’s controversial decision to begin production on...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.