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Lockheed Wins Three Army Contracts for $105M Total Purse

The U.S. Army has awarded Lockheed Martin Corp. (NYSE: LMT) three contracts worth approximately $105 million total. The contracting activity for two contracts is the U.S. Army Contracting Command, Redstone Arsenal, Ala.

  • A $48, 766, 679 firm-fixed-price contract for the six-month extension of logistical support for the AH-64 Apache modernized and legacy target acquisition designation sight assembly and Pilot Night Vision Sensor Assembly System. The estimated completed date is Dec. 31, 2011.
  • A $17, 634, 184 firm-fixed-price and cost-plus-fixed-fee contract for integration support of Post Deployment Build-7 software in the United Arab Emirates Patriot Advanced Capability-3 Ground System Engagement Control System. The estimated completion date is May 31, 2014.

The third contract’s contracting activity is the U.S. Army Program Executive Office of Simulation, Training and Instrumentation, Orlando, Fla. It is a $38.3 million firm-fixed-price contract for the acquisition of materials, fabrication, integration, system validation and verification, delivery, government acceptance testing, and contractor logistics support of the Multiple Integrated Laser System instrumentation and exercise control/after action review capability for the Saudi Arabia National Guard.  The estimated completion date is May 31, 2013.

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