Lockheed Martin (NYSE: LMT) will continue to produce fire control technology for U.S. Marine Corps attack helicopters under a $33.9 million contract awarded by the Naval Surface Warfare Center’s Crane Division.
This contract covers production lot 10 of the Target Sight System for the Marine Corps’ AH-1Z Cobra helicopters, Lockheed said Monday.
Brad Partain, senior program manager of airborne systems at Lockheed’s missiles and fire control unit, said the company intends to speed up delivery of the equipment under the new contract.
TSS systems contain a color video display, an infrared sensor with image processor and a laser designator.
The company expects to complete lot 10 deliveries to the Marines by December 2015.
NSWC Crane first awarded a TSS manufacturing to Lockheed in March 2008 with additional production contracts issued in June 2010, August 2011 and May 2012.