United States, Feb. 11 -- Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, was awarded a $114,162,885 cost-plus-incentive-fee modification to previously awarded contract N00024-20-C-6117 to exercise options for the Navy's procurement of hardware to support sound navigation and ranging systems. Work will be performed in Manassas, Virginia (65%); Clearwater, Florida (32%); Syracuse, New York (2%); and Marion, Florida (1%), and is expected to be completed by May 2031. Fiscal 2025 other procurement (Navy) funds in the amount of $73,526,137 (64%); and fiscal 2025 shipbuilding and conversion (Navy) funds in the amount of $40,636,748 (36%), will be obligated at time of award and will not expire at the end of the current fiscal year....