Lockheed Martin in Owego wins $158.5 million contract modification

OWEGO, N.Y. — Lockheed Martin’s Owego operation has been awarded a $158.5 million modification to a previously awarded contract for work on aircraft for the government of Germany, according to a U.S. Department of Defense contract announcement issued Wednesday.

Lockheed will be tasked with Phase 2 “mission system refresh efforts” including upgrades to the mission computers, acoustic equipment, armament/ordnance systems, and displays and controls on eight P-3C Orion aircraft for the German government under the Foreign Military Sales (FMS) program.

Lockheed will provide for new mission and acoustic-system avionics that include German–specific components to meet current and future NATO operational requirements, per the contract announcement.

About 20 percent of the work will be performed at Lockheed’s plant in Owego with the remaining 80 percent to be done in Manching, Germany. The work is expected to be completed in May 2022.

Lockheed Martin (NYSE: LMT), a global security and aerospace company, employs about 2,500 people in Owego. Paula J. Hartley is the Owego plant general manager.

Contact Rombel at arombel@cnybj.com

Photo caption: A P-3 Orion plane, made by Lockheed Martin, in flight

Photo credit: Lockheed Martin website