Author: Naomi Cooper|| Date Published: February 15, 2024
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $111.7 million delivery order under a previously awarded indefinite-delivery/indefinite-quantity contract to design and test an electronic warfare support system for the U.S. Navy’s submarines.
The award has a base value of $43.4 million and covers the design and qualification testing of the AN-BLQ-10 submarine EW equipment, the Department of Defense said Wednesday.
Work will occur in Syracuse, New York, through February 2029.
Naval Sea Systems Command will fund the contract using the Navy’s fiscal 2024 research, test, development and engineering; fiscal 2022 shipbuilding and conversion; and fiscal 2024 other procurement allocations.
Lockheed received the original $970.1 million IDIQ in February 2019 to design, build, test and integrate an EW system into in-service and newly constructed submarines.
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