Lockheed Martin’s Salina plant wins $213 million contract modification

SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility in suburban Syracuse was recently awarded a $213 million modification to a U.S. Army contract for Sentinel radar systems and spares growth kits. Work will be performed in Lockheed’s plant in the town of Salina, with an estimated completion date of Sept. 13, 2027, according to a March 17 contract announcement from the U.S. Department of Defense. Fiscal 2024 other procurement, Army funds of $213 million were obligated at the time of the award. The Army Contracting Command in Redstone Arsenal, Alabama is the contracting authority, per the contract announcement.