Author: Kacey Roberts|| Date Published: April 3, 2023
Lockeed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a potential five-year, $305 million contract to produce an integrated common processor for the U.S. Navy’s ship and shore surveillance equipment.
The company will provide a common suite of signal processing and display technologies to support vessels equipped with the Surveillance Towed Array Sensor System and facilities with the Integrated Undersea Surveillance System, the Department of Defense said Thursday.
IUSS is a naval surveillance network designed with acoustic arrays that work to detect adversarial submarines.
The cost-plus-fixed-fee term contract has a one-year base period valued at $19.1 million and options that would extend services through March 2028. Work will be performed in the company’s Manassas, Virginia, facility.
Funds for the award will come from foreign military sales as well as the Navy’s fiscal years 2022 and 2023 research, development, test and evaluation account and FY 2023 procurement and operation and maintenance budget.
Naval Information Warfare System Command acted as the contracting activity.
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