Planners originally envisaged the LCS as a replacement for the fleets frigates, minesweepers and patrol boats, but the new assessments conclude the ships are not equal to todays frigates or mine countermeasures ships, and they are too large to operate as patrol boats."Littoral" means the shallow waters close to shore. So the Littoral Combat Ship was supposed to bring capabilities close to the enemy shore, mainly by carrying unmanned floating and flying vehicles which it could deploy and control.
The problem is, as joe fonebone pointed out, by trying to have too many capabilities, you got an expensive, vulnerable ship that is not very good at any particular task.
I would have guessed that supporting navspecwar ops would be a key mission, but it looks like it's not.
Understand.
Which is probably why we don't combine carriers and subs....
(Somewhere in DC there's a bean-counter thinking: "Hmmm - but if the carrier can submerge....")