Lockheed Martin Corp. awarded $26.3 million contract for submarine equipment design

Lockheed Martin Corp., Syracuse, New York, is awarded a $26,330,635 cost-plus-incentive-fee delivery order N00024-24-F-6214 under indefinite-delivery/indefinite-quantity contract N00024-19-D-6200 for design and submarine equipment. Work will be performed in Syracuse, New York, and is expected to be completed by August 2025. Fiscal 2024 shipbuilding and conversion (Navy) funds in the amount of $19,258,207 (73%); and fiscal 2024 other procurement (Navy) funds in the amount of $7,072,428 (27%), 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.