Raytheon, Lockheed Martin Ink Navy Contracts

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $52, 250, 000 modification to a previously awarded firm-fixed-price contract (N00019-09-C-0003) for the procurement of 19 AN/APG-79 active electronically scanned array (AESA) radars to be retrofitted into F/A-18E/F aircraft Lots 26-29.  The AN/APG-79 AESA radar, which will replace the APG-73 radar, will provide increased air-to-air detection and track range, increased air-to-ground targeting capabilities, longer launch range for standoff weapons, enhanced capability against advanced threats, and optimized utilization of the aircraft’s weapon systems contributing to the F/A-18E/F’s survivability.  Work will be performed in Forest, Miss. (43 percent); Dallas, Texas (29 percent); El Segundo, Calif. (27 percent); and Andover, Mass. (1 percent).  Work is expected to be completed in December 2013.  Contract funds will not expire at the end of the current fiscal year.  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

“Lockheed Martin (NYSE: LMT) is being awarded an $8, 330, 000 cost-plus-incentive-fee contract for lightweight wide-aperture array inboard equipment and associated engineering and technical support for two Virginia-class submarines.  Work will be performed in Manassas, Va., and is expected to be completed by October 2014.  Contract funds will not expire at the end of the current fiscal year.  This contract was not competitively procured.  The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-10-C-6266).”

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