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Lockheed Martin Books Navy Win

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $21, 867, 788 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0092) to exercise an option for the procurement of 7, 665 enhanced laser guided training round Paveway II units for the Navy (7, 217) and the governments of Pakistan (300), Spain (88), and Malaysia (60).  In addition, this modification provides for the procurement of 589 wooden containers for the U.S. Navy (500) and the governments of Pakistan (74) and Malaysia (15); 23 replacement-in-kind wooden containers for the the governments of Pakistan (one) and Spain (22); associated data; and non-recurring engineering efforts.  Work will be performed in Archbald, Pa., and is expected to be completed in June 2013.  Contract funds will not expire at the end of the current fiscal year.  This contract combines purchases for the U.S. Navy ($20, 573, 292; 94 percent) and the governments of Pakistan ($866, 850; 4 percent); Spain ($254, 276; 1.2 percent); and Malaysia ($173, 370; 0.8 percent) under the Foreign Military Sales Program.  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”

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