Home / Contract Awards / Lockheed Martin wins $16.5 Million Navy Task Order

Lockheed Martin wins $16.5 Million Navy Task Order

Lockheed Martin has won a $16.5 million task order to deliver paveway II Enhanced Laser Guided Training Rounds (E-LGTR) to the U.S. Navy. This represents the fourth option exercised of a 2005 indefinite delivery/indefinite quantity contract, valued in excess of $114 million.  Lockheed Martin will extend production deliveries of E-LGTRs to the U.S. Navy during 2010, bringing the quantity of LGTRs awarded on this contract to over 50, 000.

Capt. Mat Winter, U.S. Navy Precision Strike Weapons Program Manager said, “It is critical that our Warfighter has the tools to train exactly as they fight. Lockheed Martin’s E-LGTR is a proven, combat representative munition that provides the Warfighter with operationally realistic and cost-effective direct-attack weapons employment training…I have received positive feedback on the E-LGTRs impact on the Warfighter’s mission effectiveness.”

The paveway II E-LGTR maintains aircrew proficiency and eliminates consumption of paveway II Laser Guided Bomb (LGB) inventory during live-fire exercises for aircrews.  The E-LGTR is fully compatible with F-16, FA-18, AV-8 and numerous international aircraft. Lockheed Martin has delivered over 82, 000 units to U.S. Navy and international customers since 1992, saving over $1.3 billon compared to training with paveway II tactical weapons.

lockheed-martin

Check Also

Fluor Wins Potential $13B US Naval Nuclear Propulsion Support Contract

Fluor‘s (NYSE: FLR) marine propulsion business has won a potential $13.07 billion contract from the U.S. …

ManTech Wins Potential $1B DoD Managed IT Services Contract; Kevin Phillips, Rick Wagner Comment

ManTech International (Nasdaq: MANT) has secured a potential 10-year, $959 million contract to help a Defense Department …