Lockheed Martin awarded $49,893,672 contract
United States, April 24 -- Lockheed Martin, Rotary and Mission Systems, Moorestown, New Jersey, was awarded a $49,893,672 cost-plus-incentive-fee and cost only modification to previously awarded contract (N00024-20-C-560)1 to exercise options for sustainment of the Littoral Combat Ship Component Based Total Ship System-21st Century and associated combat system elements. Work will be performed in Moorestown, New Jersey (87%); Camden, New Jersey (5%); Virginia Beach, Virginia (5%); Orlando, Florida (1%); and various other locations (2%), and is expected to be completed by April 2027. Fiscal 2026 research, development, test and evaluation (Navy) funds in the amount of $4,284,181 (85%); and fiscal 2026 operations and maintenance (Navy) funds in...
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