SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) a more than $27 million modification to a previously awarded contract for sonar-detection systems.
Lockheed’s Syracuse–area mission systems and training unit in the town of Salina will perform about two-thirds of the work on the contract, according to a list of contracts posted recently on the website of the U.S. Department of Defense (DOD).
Locations in Millersville, Maryland and Marion, Massachusetts will handle the remaining work.
(Sponsored)

Avoid the Employment Law Mistakes that Threaten Your New Business
Amid the excitement and uncertainty that accompany the opening of a new business, entrepreneurs often overlook basic employment law requirements that can cost them dearly. These include how they classify

Close the Skills Gap: Build Your Workforce with MACNY Registered Apprenticeship Program
In today’s competitive labor market, finding qualified candidates through traditional hiring methods has never been more challenging. As industries evolve and workforce demands shift, employers are facing a growing skills
The Navy expects Lockheed Martin to finish the work by February 2017.
The award is a modification to previously awarded contract for the production of seven TB-37 multi-function towed array (MFTA) production units, tow cables, electro-optical slip rings, drogues and shipping products, and the performance of engineering services.
The TB-37 MFTA is the next generation passive and active sonar receiver, according to the U.S. Navy.
The TB-37 MFTA “significantly” contributes to the capability of surface ships to “detect, localize, and prosecute undersea threats,” and is a “critical” sensor to a combat-systems suite, the Navy said on the DOD website.
Contact Reinhardt at ereinhardt@cnybj.com


