United States, Aug. 31 -- Lockheed Martin Corp., Moorestown, New Jersey, is awarded $26,152,726 for a firm-fixed-price contract for the refurbishment of 44 5W83 VLA thrust vectors and 44 VH07 VLA rocket motors used on Navy cruisers and destroyers. The contract does not contain an option provision. All work under the contract will be performed in Moorestown, New Jersey, and is expected to be completed by May 2029.Fiscal 2026 working capital funds (Navy) in the amount of $24,845,090 (95%); and fiscal 2025 working capital funds (Navy) in the amount of $1,307,636 (5%), will be obligated at time of award and those funds will not expire at the end of the current fiscal year.One company was solicited for this sole-source requirement pursuant to th...