According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $50, 681, 257 fixed-price incentive, firm-fixed price, cost-plus-fixed fee, cost-type contract for the production of MK48 Mod 7 Common Broadband Advanced Sonar System (CBASS) functional item replacement (FIR) kits, engineering services hours, hardware repair support, test equipment, additional spares and production support material, and warranty options should all options be exercised. The MK48 Mod 7 kit production program will supply the Navy with FIR upgrade kits consisting of a guidance and control box, broadband analog sonar receiver, preamplifier, cable assemblies, and guidance and control materials. The CBASS program will provide the MK48 ADCAP Mod 6 torpedo with a wide band sonar system, and the advanced broadband signal processing algorithms which will allow for enhanced detection and prosecution of shallow water threat targets employing advanced countermeasures. This contract includes options which, if exercised, would bring the cumulative value of this contract to $235, 243, 085. Work will be performed in Marion, Mass. (99 percent), and Akron, Ohio (1 percent), and is expected to be completed by May 2014. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured via Navy Electronic Commerce Online website, with five offers received. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-11-C-6404).
“Lockheed Martin is being awarded an $11, 887, 702 cost-plus-incentive-fee contract modification (N00024-10-C-6266) to exercise design and support for the manufacture of hardware for the Acoustic Rapid Commercial-Off-The-Shelf Insertion (A-RCI) System Improvement and Integration Program. The A-RCI System is a sonar system that integrates and improves towed array, hull array, sphere array, and other ship sensor processing. The contract modification exercises options for two Los Angeles-class submarine hardware sets and pre-cable kits. Work will be performed in Manassas, Va. (90 percent), and Clearwater, Fla. (10 percent), and is expected to be completed by June 2012. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity.”