Lockheed Martin Secures $197M Navy Contract: Sonar System Design and Development Extended

Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is awarded a $197,477,596 cost-plus-incentive-fee modification to a previously awarded contract (N00024-20-C-6117) to exercise options for Navy engineering design, development, and production support in support of sound navigation and ranging systems. Work will be performed in Manassas, Virginia (65%); Clearwater, Florida (32%); Syracuse, New York (2%); and Marion, Florida (1%), and is expected to be completed by September 2026. Fiscal 2024 shipbuilding and conversion (Navy) funds in the amount of $5,500,000 (62%); fiscal 2025 research, development, test and engineering (Navy) funds in the amount of $1,700,000 (19%); fiscal 2025 other procurement (Navy) funds in the amount of $1,120,000 (12%); and fiscal 2024 other procurement (Navy) funds in the amount of $600,000 (7%), 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.