Navy Constellation (FFG-62) Class Frigate (Previously FFG[X]) Program: Background and Issues for Congress [Updated October 28, 2020] [open pdf - 3MB]
From the Summary: "The Constellation (FFG-62) class frigate program, previously known as the FFG(X) program, is a Navy program to build a class of 20 guided-missile frigates (FFGs). Congress funded the procurement of the first FFG-62 class ship in FY2020 at a cost of $1,281.2 million (i.e., about $1.3 billion). The Navy's proposed FY2021 budget requests $1,053.1 million (i.e., about $1.1 billion) for the procurement of the second FFG-62 class ship. The Navy estimates that subsequent ships in the class will cost roughly $940 million each in then-year dollars. Four industry teams were competing for the FFG-62 program. On April 30, 2020, the Navy announced that it had awarded the FFG-62 contract to the team led by Fincantieri/Marinette Marine (F/MM) of Marinette, WI. F/MM was awarded a fixed-price incentive (firm target) contract for Detail Design and Construction (DD&C) for up to 10 ships in the program--the lead ship plus nine option ships. The other three industry teams reportedly competing for the program were led by Austal USA of Mobile, AL; General Dynamics/Bath Iron Works (GD/BIW) of Bath, ME; and Huntington Ingalls Industries/Ingalls Shipbuilding (HII/Ingalls) of Pascagoula, MS."
CRS Report for Congress, R44972
Congressional Research Service: https://crsreports.congress.gov/