 On May 29 , 2004 , Lockheed was awarded a contract to construct two of the first four littoral combat ships ( LCS ) for the US Navy . Moosally 's MS2 division managed the contract for Lockheed . The contract called for the first LCS to be delivered to the Navy at the end of 2006 at cost of $ 220 million . As construction of the ship progressed , however , it became apparent that the delivery date and construction cost would significantly exceed the original expectations . 
