Home / Contract Awards / Lockheed to Continue Navy Sonar Engineering Support Under $125M Contract Modification

Lockheed to Continue Navy Sonar Engineering Support Under $125M Contract Modification

2016lockheedmartinlogoLockheed Martin (NYSE: LMT) has received a $125.2 million contract modification for engineering and technical support work on commercial off-the-shelf sonar equipment for the U.S. Navy.

The Defense Department said Monday that Lockheed’s rotary and mission systems business will continue to develop and produce Acoustic-Rapid COTS Insertion systems under the modification.

Work will occur in Virginia and New York through December 2017.

The A-RCI program aims to integrate and update towed, hull and sphere arrays and other ship sensor processing technologies through rapid insertion of COTS-based hardware and software, DoD noted.

The Navy obligated $18.3 million at the time of award from its fiscal 2013, 2014 and 2015 shipbuilding and conversion funds as well as fiscal 2017 research, development, test and evaluation funds.

Check Also

Navy Awards Raytheon $1B Standard Missile-6 Production Contract

Raytheon (NYSE: RTN) has secured a potential $1.07B contract from the U.S. Navy to provide Standard Missile-6 all-up rounds designed to engage targets on the sea or in the air.

Boeing’s Starliner Crew Module Performs Maiden Orbital Test Flight

Boeing’s (NYSE: BA) CST-100 Starliner crew capsule landed Sunday at the U.S. Army’s White Sands Missile Range in New Mexico after completing its first orbital test flight.