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Lockheed Inks Deal to Work on UK Apaches

Lockheed Martin [NYSE: LMT] a $49.5 million sustainment and support contract from AgustaWestland for the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized TADS/PNVS (M-TADS/PNVS) systems on the U.K. Apache AH Mk-1 aircraft.

The contract provides complete post-production services, including spare parts, in-country repair and technical services, as well as integrated logistics, engineering and depot repair support. The effort is part of the overall Integrated Operational Support (IOS) solution for the U.K. Apache fleet provided by AgustaWestland to the U.K. Ministry of Defence (MoD). Support under the contract will continue through March 2014.

“This support contract will provide the necessary services to maintain the M-TADS/PNVS system in support of U.K. Apache operational needs, ” said Tom Eldredge, Apache Fire Control International programs director at Lockheed Martin Missiles and Fire Control. “Our team is in position and is providing a cost-effective support solution that meets the needs of the Soldiers.”

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