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Record Date: December 13, 2024

Lockheed Martin Awarded $73.1M for MK 41 VLS Modules: Work to Continue Through 2026

Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $73,102,951 firm-fixed-price modification to previously awarded contract N00024-23-C-5325 to exercise options for MK 41 Vertical Launching System modules and ancillary equipment. Work will be performed in Moorestown, New Jersey (31%); Indianapolis, Indiana (27%); Saginaw, Michigan (7%); Farmingdale, New York (6%); St. Peters, Missouri (3%); San Jose, California (2%); Radford, Virginia (1%); and various other locations (23%), and is expected to be completed by December 2026. Fiscal 2025 shipbuilding and conversion (Navy) funds in the amount of $64,918,773 (88%); fiscal 2023 shipbuilding and conversion (Navy) funds in the amount of $8,180,779 (11%); and fiscal 2024 defense-wide procurement funds in the amount of $3,399 (1%), will be 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.  

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