Lockheed Martin, Rotary and Mission Systems awarded $28,643,657 contract
United States, July 3 -- Lockheed Martin, Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $28,643,657 cost-plus-incentive-fee and cost-plus-fixed-fee modification to previously awarded contract (N00024-19-C-5102) for the extension of integrated logistics support, combat system engineering, and ship integration and test, and in-country integrated test team supports in connection with the KDX III Batch II destroyers. This contract involves Foreign Military Sales (FMS) to South Korea. Work will be performed in Ulsan, South Korea (60%); Moorestown, New Jersey (38%); and Seoul, South Korea (2%), and is expected to be completed by December 2027. FMS (Korea) funds in the amount of $7,200,000 will be obligated at the time of award ...
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