OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $15.1 million order under a previously awarded basic ordering agreement from the U.S. Navy for the procurement of 12 receiver processors in support of H-60 military helicopters. The delivery order does not include an option provision. All work will be […]
OWEGO — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $15.1 million order under a previously awarded basic ordering agreement from the U.S. Navy for the procurement of 12 receiver processors in support of H-60 military helicopters.
The delivery order does not include an option provision. All work will be performed in Lockheed’s Owego facility, and is expected to be completed by December 2028, according to a Nov. 19 contract announcement from the U.S. Department of War.
This announcement involves foreign military sales (FMS) from Australia. FMS funds for Australia in the contract’s full amount of $15,118,807 will be obligated at time of award and funding does not expire before the end of the current fiscal year.
The Naval Supply Systems Command, Weapon Systems Support unit, in Philadelphia, Pennsylvania, is the contracting authority.
