SALINA — Lockheed Martin Corp. (NYSE: LMT) has been awarded a $78.4 million modification to a previously awarded contract to exercise the option and provide funding for fiscal 2025 Hypervisor Technology Zero AN/SQQ-89A(V)15 surface ship undersea warfare combat systems and spares in support of the continued AN/SQQ-89A(V)15 development, integration, manufacture, production, and testing. Work will […]
SALINA — Lockheed Martin Corp. (NYSE: LMT) has been awarded a $78.4 million modification to a previously awarded contract to exercise the option and provide funding for fiscal 2025 Hypervisor Technology Zero AN/SQQ-89A(V)15 surface ship undersea warfare combat systems and spares in support of the continued AN/SQQ-89A(V)15 development, integration, manufacture, production, and testing.
Work will be performed in Manassas, Virginia (70 percent); Lemont Furnace, Pennsylvania (15 percent); Lockheed Martin’s plant in the town of Salina (13 percent); Clearwater, Florida (1 percent); and Lockheed’s plant in Owego (1 percent). Work is expected to be completed by February 2028, according to a June 30 contract announcement from the U.S. Department of Defense.
Fiscal 2025 shipbuilding and conversion (Navy) funds of $42.8 million (55 percent); and fiscal 2025 other procurement (Navy) funds totaling $35.6 million (45 percent), will be obligated at the time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command in Washington, D.C. is the contracting authority.
Lockheed Martin — a Bethesda, Maryland–based global defense-technology company — has two plants in Central New York, in Salina and in Owego, respectively.
