2023-03-06 03:20:28 ET
- Lockheed Martin ( NYSE: LMT ), Syracuse, New York, is awarded a $32M cost-plus incentive-fee modification to the previously awarded delivery order N00024-19-F-6201 under indefinite-delivery indefinite-quantity contract N00024-19-D-6200 for design and qualification testing of submarine electronic warfare equipment.
- Work will be performed in Syracuse, New York, and is expected to be completed by February 2024.
- Fiscal 2023 research, development, test, and evaluation (Navy) funds in the amount of $18,993,805 will be obligated at time of award and will not expire at the end of the current fiscal year.
- The Naval Sea Systems Command, Washington, D.C., is the contracting activity.
- Earlier, Lockheed Martin bags $214.5M Navy contract .
For further details see:
Lockheed Martin secures $32M Navy contract