Lockheed’s Salina plant to perform more than half the work on nearly $16M Navy contract modification

SALINA, N.Y. — Lockheed Martin Corp. (NYSE: LMT) recently won a $15.9 million modification to a firm-fixed-price order against a previously issued basic-ordering agreement with the U.S. Navy.  This modification exercises an option to procure seven retrofit advanced-radar processor systems for the E-2D aircraft. Work will be performed in Salina (54 percent) and Andover, Massachusetts […]

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SALINA, N.Y. — Lockheed Martin Corp. (NYSE: LMT) recently won a $15.9 million modification to a firm-fixed-price order against a previously issued basic-ordering agreement with the U.S. Navy. 

This modification exercises an option to procure seven retrofit advanced-radar processor systems for the E-2D aircraft. Work will be performed in Salina (54 percent) and Andover, Massachusetts (46 percent), and is expected to be completed in February 2026.

Fiscal 2022 aircraft procurement (Navy) funds totaling $15,896,254 will be obligated at time of award — none of which will expire at the end of the current fiscal year. The Naval Air Systems Command in Patuxent River, Maryland is the contracting authority.

Jornal Staff: