Author: Matthew Nelson|| Date Published: December 21, 2018
ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy with sonobuoys.
The service intends to buy up to 18K AN/SSQ-125A units through the issuance of delivery orders under the indefinite-delivery/indefinite-quantity contract, the Department of Defensesaid Thursday.
ERAPSCO, a joint venture of Sparton (NYSE: SPA) and Ultra Electronics, will perform work at facilities located in Florida and Indiana. Lockheed will carry out tasks in Manassas, Va.
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ERAPSCO and Lockheed Martin (NYSE: LMT) have been awarded spots on a potential $220.8M contract to supply the U.S. Navy with sonobuoys.
