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Lockheed Martin Sets Sail with Dual Navy Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $48, 443, 311 modification to previously awarded contract (N00024-07-C-5201) for exercise of fiscal year 2011 options for the Navy’s AN/SQQ-89A(V)15 undersea warfare system.  The AN/SQQ-89A(V)15 is a surface ship combat system with the capabilities to search, detect, classify, localize and track undersea contacts; and to engage and evade submarines, mine-like small objects, and torpedo threats.  Work will be performed in Lemont Furnace, Pa. (50 percent), Syracuse, N.Y. (25 percent), Eagan, Minn. (25 percent), and is expected to be completed by May 2013.  Contract funds will not expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

“Lockheed Martin is being awarded a $36, 000, 000 modification to a previously awarded indefinite-delivery/ indefinite-quantity, cost-plus-incentive-fee, performance-based contract (N65236-05-D-8836) for services for the operation of the Naval Array Technical Support Center to include production, repair, refurbishment, installation and testing of towed array sonar systems. The cumulative value of this contract, including this modification is $152, 540, 060. The work for this contract will be performed at Little Creek, Va., (75 percent for fiscal 2011) with the transition of work, in accordance with BRAC 2005, to Newport, R.I., (25 percent for fiscal 2011, 100 percent for fiscal 2012), and is expected to be completed by March 2012.  Contract funds will not expire at the end of the fiscal year.  This contract was competitively procured by full and open competition via the Space and Naval Warfare Systems Center e-Commerce central website and the Federal Business Opportunities web site, with two offers received.  The Space and Naval Warfare Systems Center Atlantic, Charleston, S.C., is the contracting activity.”

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