Home / Contract Awards / Lockheed Wins $513M Vehicle Optic Sensor Systems IDIQ

Lockheed Wins $513M Vehicle Optic Sensor Systems IDIQ

The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) gyrocam systems company one of two commercial contracts to provide up to 951 vehicle optic sensor systems for use in Afghanistan and the continental U.S.

Lockheed will compete for orders that also will include spare parts, maintenance, sustainment, training and provisional technical data.

The maximum dollar value for the firm-fixed-priced, indefinite-delivery/indefinite-quantity, multiple award contract, including the base year and four option years, is $513, 697, 547.

Work for these delivery orders is expected to be completed within 30 days from award.  Work will be performed in Sarasota, Fla., and Billerica, Mass., and is expected to be completed November 2015.

Marine Corps Systems Command, Quantico, Va., is the contracting activity.

Check Also

Hitachi Vantara Federal Assumes Control of Brocade’s Networking Maintenance Contracts; David Turner Comments

Hitachi Vantara’s federal business has assumed control of some of Brocade Communications Systems’ (Nasdaq: BRCD) federal service …

Deltek Wraps Up $70M Onvia Purchase

Deltek has closed its $70 million cash acquisition of Onvia in a move to expand the delivery of …

Subscribe to our Newsletter
I will subscribe later