OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $12.3 million contract modification to a previously awarded firm-fixed-price contract from the U.S. Navy. This modification adds scope to provide non-recurring engineering and obsolescence services in support of the Airborne Low Frequency Sonars integration into MH-60R production aircraft for […]
OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a more than $12.3 million contract modification to a previously awarded firm-fixed-price contract from the U.S. Navy.
This modification adds scope to provide non-recurring engineering and obsolescence services in support of the Airborne Low Frequency Sonars integration into MH-60R production aircraft for the governments of India and Denmark, according to a Dec. 1 U.S. Defense Department contract announcement.
Work on this contract will be performed in Brest, France (58 percent) and Owego (42 percent), and is expected to be completed in October 2024.
Foreign-military sales funds in the amount of $12,350,767 will be obligated at time of award, none of which will expire at the end of the current fiscal year, according to the contract announcement.
The Naval Air Systems Command in Patuxent River, Maryland is the contracting authority.
