United States, Sept. 9 -- Lockheed Martin Corp., Liverpool, New York, was awarded a $257,278,109 firm-fixed-price, cost-plus-fixed-fee, and cost-only modification to a previously awarded contract (N00024-23-C-6411) to exercise options for production, spares, production support material, engineering support, and hardware repair of components for MK 48 Heavyweight Torpedo All Up Round in support of the MK 48 MOD 7 Heavyweight Torpedo program.This contract combines purchases for the Navy, the Royal Australian Navy, and the Foreign Military Sales program. Work will be performed in Liverpool, New York (57%); Clearwater, Florida (37%); and Braintree, Massachusetts (6%), and is expected to be completed by September 2029. Fiscal 2025 weapons procur...