Lockheed Martin’s Syracuse–area plant wins $15 million Navy contract modification

SALINA, N.Y. — Lockheed Martin Corp.’s plant in suburban Syracuse was recently awarded a more than $15 million firm-fixed-price modification to a previously awarded contract from the U.S. Navy.

It’s to exercise options for the procurement of submarine-modernization kits, equipment, and installation, according to a Feb. 18 contract announcement from the U.S. Department of Defense. Work will be performed in Lockheed’s facility in the town of Salina and is expected to be completed by October 2024. 

Fiscal 2022 other procurement (Navy) funds totaling $15,067,063 will be obligated at time of award and will not expire at the end of the current fiscal year, per the announcement. The Naval Sea Systems Command in Washington, D.C. is the contracting authority.