The FFG 62 Guided Missile Frigate program is a Major Defense Acquisition Program (MDAP) managed under the Major Capability Acquisition (MCA) pathway with an Acquisition Category IB designation. This program focuses on the development and acquisition of next-generation guided missile frigates for the U.S. Navy's fleet. The program represents a significant naval vessel procurement initiative aimed at enhancing the Navy's surface warfare capabilities. The primary contract under this program is a $6.2 billion definitive, fixed-price incentive agreement awarded to Marinette Marine Corporation, a Fincantieri division, by the Naval Sea Systems Command (NAVSEA). The contract, awarded on April 30, 2020, covers detail design and construction of the FFG(X) guided missile frigate, with an ultimate completion date of May 31, 2034. The initial obligation amount was approximately $3.68 billion, with a ceiling value of $6.20 billion. The contract was competitively awarded without any small business set-aside designations. Marinette Marine Corporation serves as the prime contractor for the vessel design and construction effort.
A Portfolio Platform of GovExec © 2025