in , ,

Lockheed Receives $127M Modification to Ship Self-Defense System Support Contract

Lockheed Receives $127M Modification to Ship Self-Defense System Support Contract
Contract modification

The U.S. Navy has awarded the rotary and mission systems business of aerospace company Lockheed Martin a contract modification worth $126.9 million.

The cost-plus-incentive-fee award modifies contract N00024-19-C-5603, which calls for engineering services in support of ship self-defense system combat systems, the Department of Defense said Thursday.

Work under the modification will be carried out in New Jersey, with an expected completion date of October.

Lockheed Martin Rotary and Mission Systems won the original contract in August 2019. The award had a potential period of performance of nine years and a ceiling value of $637.6 million.

Naval Sea Systems Command is the contracting activity.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Contract Awards

mm

Written by Jerry Petersen

Susanne Hake: Maxar Intelligence Eyes Expansion of WorldView Legion Satellite Constellation
Susanne Hake: Maxar Intelligence Eyes Expansion of WorldView Legion Satellite Constellation
CEO Toni Townes-Whitley Offers a Look Into SAIC’s Growth Strategy
CEO Toni Townes-Whitley Offers a Look Into SAIC’s Growth Strategy