Lockheed Martin Anchors Ship Self-Defense Contract with $127M Modification
Lockheed Martin, Rotary and Mission Systems, Moorestown, New Jersey, was awarded a $126,989,166 cost-plus-incentive-fee modification to previously awarded contract N00024-19-C-5603 for ship self-defense system combat system engineering support. Work will be performed in Moorestown, New Jersey, and is expected to be completed by October 2024. Fiscal 2024 research, development, test and evaluation (Navy) funds in the amount of $11,906,692 (97%); and fiscal 2024 shipbuilding and conversion (Navy) funds in the amount of $372,399 (3%), were obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command, Washington, D.C., is the contracting activity. (Awarded April 9, 2024)