Lockheed Wins Potential $881M Army Contract for 360-Degree Radar

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 theĀ 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.

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