Categories: Manufacturing & EngineeringSubscriber OnlyTechnology

Lockheed’s Salina plant wins $21M modification to Navy pact

(PHOTO CREDIT: Lockheed Martin)

SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Salina plant was recently awarded a $21.2 million modification to a previously awarded contract to exercise an option for Navy equipment, components, engineering services, and other direct costs. This effort will award the procurement of Navy equipment and engineering services. Work will be performed in Salina (66 […]

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Work will be performed in Salina (66 percent); Millersville, Maryland (33 percent); and Marion, Massachusetts (1 percent). It is expected to be completed by September 2023.

Fiscal 2021 other procurement (Navy) funds totaling more than $13 million (61.5 percent); fiscal 2020 shipbuilding and conversion (Navy) funds of $4.9 million (23.1 percent); fiscal 2020 other procurement (Navy) funds totaling more than $1.6 million (7.7 percent); and fiscal 2021 shipbuilding and conversion (Navy) funds of $1.6 million (7.7 percent) 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