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Lockheed Martin Doubles Up with Defense Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $10, 010, 466 contract modification, which will provide for upgrade/retrofit of five gunship multispectral sensor systems.  At this time, the entire amount has been obligated.  ASC/WISK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8629-08-C-2402; P00017).

“Lockheed Martin is also being awarded a $38, 893, 503 modification to previously awarded contract (N00024-00-C-5139) for the personnel, facilities and support services necessary to operate the Aegis Depot Operations Center, including associated technical, engineering, and logistics services in support of the Aegis Weapon System (AWS) and Aegis Combat System.  This contract is for AWS integrated logistics support and lifetime sustainment support.  It allows for the sustainment and support of the installed AWS as the primary anti-air-warfare and ballistic missile defense system for the fleet.  The program requires long range sustainment services to support the development, upgrades and acquisition of the AWS and to ensure lifetime sustainment and supportability is in place for the fleet as the major upgrades are installed and supported throughout their lifecycle.  Work will be performed in Moorestown, N.J., and is expected to be completed by October 2011.  Contract funds in the amount of $7, 778, 700 will expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington, D.C., is the contracting activity.”

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