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Lockheed Receives New Navy Order for Electronic Warfare Upgrades; Joe Ottaviano Comments

lockheed martinLockheed Martin (NYSE: LMT) has won a $147 million contract to upgrade the electronic warfare systems of U.S. Navy warships such as destroyers, aircraft carriers and cruisers under Block 2 of the Surface Electronic Warfare Improvement Program.

This initial production contract, wherein the Navy has ordered 14 systems for its fleet as upgrade to the AN/SLQ-32(V)2 system, is a follow-on to a 2013 contract for 10 SEWIP Block 2 systems, the company said Sept. 16.

Lockheed added that both are part of the service’s efforts to achieve new defensive and functional capabilities for its shipboard systems that are intended to detect tracking of the ship by enemy forces and threats like anti-ship missiles.

“Our fleets are facing a rapidly changing threat environment in theaters across the globe, ” noted Joe Ottaviano, SEWIP program director at Lockheed’s mission systems and training segment.

The company said it initially installed a SEWIP Block 2 system on the USS Bainbridge destroyer in July as part of operational testing.

Contract work will be done at a Lockheed facility in Syracuse, New York.

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