Lockheed Martin’s suburban Syracuse plant awarded $10M Navy contract modification

SALI NA — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has been awarded a $10 million contract modification for the design, prototyping, and qualification testing for the AN/BLQ-10 Electronic Warfare System Technology Insertion (TI)-20 and TI-22 for the U.S. Navy.

Work will be performed in the Salina facility and is expected to be completed by February 2022, according to a Jan. 19 U.S. Department of Defense contract announcement. Fiscal 2021 research, development, testing, and evaluation funding from the Navy of $10 million will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command in Washington, D.C. was the contracting authority on this pact.