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Lockheed Martin Owego wins more than $150M Navy contract modification

By Journal Staff (news@cnybj.com)

Date:

OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego recently won an up to $150.56 million modification to an order against a previously issued basic ordering agreement from the U.S. Navy.

This contract modification adds scope to provide non-recurring engineering and add/eliminate efforts in support of bringing six MH-60R Seahawk helicopters from a standard foreign military sales (FMS) configuration to a unique configuration for the government of Norway, according to a Feb. 2 contract announcement from the U.S. Department of Defense.

The contract adjustment also adds scope for the production and delivery of four Embedded Global Positioning System (GPS) Inertial Navigation Systems spares. It additionally provides for production spares, field and technical-service representative support, and “electronic-support measures in-country reprogramming hot bench,” the Department of Defense stipulated. Work will be performed in Owego (62 percent); Stratford, Connecticut (36 percent); and Troy, Alabama (2 percent), and is expected to be completed in February 2027. FMS customer funds totaling $49.47 million will be obligated at the time of award, none of which will expire at the end of the current fiscal year.

The Naval Air Systems Command in Patuxent River, Maryland is the contracting authority.

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