The U.S. Navy has awarded Lockheed Martin Corp. a $25 Million contract modification for a sonar system upgrade. The upgrade will utilize commercial hardware and software and will be performed on Virginia Class ships which are in the process of being modernized. The work, which will take place pre-dominantly in Manassas, VA with the remainder completed at Lockheed’s Clearwater location, is expected to be completed in December 2011.
Leidos (NYSE: LDOS) has been awarded a three-year, $72.8M contract to help the U.S. Navy build a wide area surveillance technology to support antisubmarine warfare missions. The company will develop the Transformational Reliable Acoustic Path System for the Navy's Maritime Surveillance Systems Program Office, the Department of Defense said Friday.
A business unit of General Dynamics (NYSE: GD) has secured a potential five-year, $276.5M contract to extend its support work on a Centers for Medicare and Medicaid Services system used to manage benefits and payments for a federal health insurance program. General Dynamics Information Technology will support Medicare customer service, electronic data exchange, debt transaction processing and digital imaging functions of the Benefits Coordination & Recovery Center, the company said Friday.