The Navy is taking over management control and reducing Lockheed Martin’s role in the sea service’s largest missile-launching system as part of an effort to cut costs. Instead of paying Lockheed to acquire and integrate the components of the Mark 41 Vertical Launching System, as it has since the 1980s, the Navy is buying the mechanical launch platform directly from London-based BAE Systems, formerly a Lockheed subcontractor. Read full article > >

Read the rest here:
Navy trims Lockheed role in largest missile launcher system