Lockheed Martin’s suburban Syracuse plant wins nearly $12 million Navy contract modification

SALINA, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in the Syracuse area has been awarded an $11.7 million modification to a previously awarded delivery order for the design, prototyping, and qualification testing of submarine electronic-warfare equipment. Work will be performed in Lockheed’s facility in the town of Salina and is expected to be […]

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SALINA, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in the Syracuse area has been awarded an $11.7 million modification to a previously awarded delivery order for the design, prototyping, and qualification testing of submarine electronic-warfare equipment.

Work will be performed in Lockheed’s facility in the town of Salina and is expected to be completed by February 2022, according to an April 15 contract announcement from the U.S. Department of Defense.

Fiscal 2021 research, development, test, and evaluation (Navy) funds totaling more than $6.7 million and fiscal 2021 other procurement (Navy) funds of $5 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. is the contracting authority.

Jornal Staff: