Lockheed Martin Corp. (NYSE: LMT) has won a potential $881 million contract to provide the U.S. Army with up to 51 radar systems to defend against rockets, mortars and artillery.
The firm-fixed-price contract has a $166 million base year and two option years, according to the Army’s program executive office for intelligence, electronic warfare and sensors.
The U.S. Army Product Manager for Radars handed down the award on Wednesday, and Lockheed will produce 12 of the AN/TPQ-53 Firefinder radars to complete the initial order.
Lockheed spokesman Chip Eschenfelder told GovCon Wire the truck-mounted radar system is designed to detect, locate and track the source of enemy fire in either 360- or 90-degree modes.
Eschenfelder noted that the radar is currently in production and has been used in combat situations in Afghanistan and Iraq.
Lockheed submitted its bid for the contract in September, intending to replace AN/TPQ-36 and AN/TPQ-37 radars. The contract also covers a limited user test and initial operational test and evaluation.
[...] & Aerospace ElectronicsLockheed Martin Wins US Army Radar DealStocksandShares.TVLockheed Wins Potential $ 881M Army Contract for 360-Degree RadarGovConWireSyracuse.comall 6 news [...]
[...] company won a potential $881 million U.S. Army contract earlier this month for 51 rocket defense radar [...]
[...] The Bethesda, Md.-based contractor won a potential $881 million contract in early March to produce the AN/TPQ-36 Fire Finder radars. [...]
[...] The company has also recently won a potential contract worth an estimated $881 million to provide the Army withradars for defending against rockets, mortars and artillery. [...]
[...] Vision/Reconnaissance, Surveillance and Target Acquisition program manager were recognized for the AN/TPQ-53 Counterfire Target Acquisition [...]