Lockheed Martin wins $25M add-on to undersea warfare combat system contract

Lockheed Martin’s (NYSE: LMT) Rotary and Mission Systems unit has recently awarded a nearly $25.4 million modification to a previously awarded contract from the U.S. Navy. 

It will exercise an option and provide incremental funding in support of the continued development, integration, and production of the Navy’s AN/SQQ-89A(V)15 Surface Ship Undersea Warfare (USW) System, the U.S. Department of Defense announced.

The department said 24 percent of the work would be performed at Lockheed Martin’s Syracuse–area plant and 5 percent done in Oswego, with completion expected by May 2019. The rest of the work would take place at facilities in Lemont Furnace, Pennsylvania (37 percent); Manassas, Virginia (17 percent); Clearwater, Florida (9 percent); Hauppauge, New York (5 percent); and Tewksbury, Massachusetts (3 percent), according to a Defense Department news release issued July 13.

The AN/SQQ-89A(V)15 is the Surface Ship Undersea Warfare combat system with the capabilities to search, detect, classify, localize, and track undersea contacts, and to engage and evade submarines, mine-like small objects, and torpedo threats. The contract is for development, integration, and production of future advanced capability build and technical insertion baselines of the AN/SQQ-89A(V)15 USW systems, the release stated. The contract combines purchases for the Navy (98 percent); and the government of Japan (2 percent) under the Foreign Military Sales program.