Lockheed Martin Rotary and Mission Systems awarded $57,258,872 contract for engineering and technical support and production of submarine multifunction modular masts on new construction and in-service
United States, July 31 -- Lockheed Martin Rotary and Mission Systems, Syracuse, New York, is awarded a $57,258,872 cost-plus-fixed-fee and firm-fixed-price contract for engineering and technical support and production of submarine multifunction modular masts on new construction and in-service submarines. This contract includes options which, if exercised, would bring the cumulative value of this contract to $202,772,544. Work will be performed in Syracuse, New York, and is expected to be completed by July 2030. Fiscal 2024 shipbuilding and conversion (Navy) funds in the amount of $38,683,770 (71%); fiscal 2025 shipbuilding and conversion (Navy) funds in the amount of $15,490,815 (28%); and fiscal 2025 other procurement (Navy) funds in the a...
To read the full article or to get the complete feed from this publication, please
Contact Us.