The Navy's New Frigate Revealed

"Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning" ... of the U.S. Navy's search for a new frigate warship. (With apologies to Winston Churchill.)

Last week, at long last, the U.S. Navy issued its official Request for Proposals (RFP) from defense contractors interested in building it a new frigate. Smaller than a destroyer but larger than a coastal patrol vessel, the Navy is seeking a warship more robust than its much-maligned Littoral Combat Ship (LCS) to fill out its requirement for 52 "small surface combatants" in the fleet.

Here's what we know about it.

Source: Fool.com