The U.S. Navy awarded a $2.2 billion Vessel Construction Management (VCM) contract to TOTE Services LLC to oversee the acquisition of the Landing Ship Medium (LSM). The VCM strategy leverages commercial best practices and a government-provided, proven ship design to accelerate delivery, improve cost discipline and expand the nation’s shipbuilding industrial base. (U.S. Navy video by Kenneth Hendren and Matthew Roberts).
WASHINGTON – The U.S. Navy has awarded a $2.2 billion contract to TOTE Services LLC for Vessel Construction Management to oversee the acquisition of the new Medium Landing Ships (LSM). This contract will maximize commercial practices to accelerate delivery, improve cost discipline, and expand the U.S. shipbuilding industrial base. The first LSM is anticipated for delivery in fall of 2029.
