Home / Contract Awards / Lockheed Martin Wins Navy Contract

Lockheed Martin Wins Navy Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $7, 907, 803 firm-fixed-price and cost-plus-fixed-fee option exercise modification to previously awarded contract (N00024-08-C-6282) for the production and support of multi-function towed arrays for the AN/SQQ-89A(V)15 antisubmarine warfare combat systems.  The multi function towed array is the next generation passive and active sonar receiver.  It affords several enhancements to the AN/SQR-19 Tactical Towed Array System allowing greater coverage, increased capability/reliability, and reduced obsolescence.  Multi-function towed array significantly contributes to the capability of surface ships to detect, localize and prosecute undersea threats and is a critical sensor to a combat systems suite.  Work will be performed in Syracuse, N.Y. (60 percent); Baltimore, Md. (20 percent); Cleveland, Ohio (14 percent); and Phoenix, Ariz. (6 percent), and is expected to be completed by January 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.”

Check Also

Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six …

Kristen Mullins Named HighPoint Global Chief HR Officer

Kristen Mullins, formerly vice president of human resources at Oceus Networks, has joined citizen experience …

Subscribe to our Newsletter
I will subscribe later