Lockheed Martin awarded nearly $40 million radar contract for military sale to Iraq

SALINA, N.Y. — The U.S. Navy has awarded Lockheed Martin Corp. (NYSE: LMT) a $184 million contract to continue providing electronic-warfare systems.

SALINA, N.Y. — Lockheed Martin Rotary and Missions Systems has been awarded an almost $40 million long-range radar contract with work to be completed in Colorado and the Syracuse area.

The $39.65 million definitive contract for “Long Range Radar 3 provides for the necessary equipment, transportation, installation, test, training, spares, engineering services, hardware, software, program management and data as defined by the Special Operations Wing to deliver [the radar] and technical refreshes to other integrated systems,” according to a Defense Department contract announcement issued this week.

Work will be performed at Lockheed Martin’s Littleton, Colorado, and Salina, New York plants, and is expected to be completed by December 2022.

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This contract involves foreign military sales (FMS) to Iraq. FMS funds in the amount of $39,645,726 are being obligated at the time for award, the announcement stated. The Air Force Life Cycle Management Center at Hanscom Air Force Base in Massachusetts is the contracting authority.

Contact Rombel at arombel@cnybj.com

CNYBJ file photo by Eric Reinhardt

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