Lockheed Gets $11m Navy Contract

Tuesday, November 20, 2007

Lockheed Martin Corp. received an $11m contract to develop and integrate a surface mine countermeasure system for the Navy's Avenger-class ships. Lockheed Martin will develop hardware, software and interfaces for the so-called Expendable Mine Neutralization System, or EMNS. The system, which will be integrated on the Navy's Mine Counter Measures Avenger-class ship, is designed to protect carriers and expeditionary strike forces by neutralizing mines located at the bottom of the sea or suspended in water. The EMNS will use BAE Systems' Archerfish mine disposal system, which is a remotely-operated underwater vehicle that locates mines using a sonar, and then identifies and destroys the mines, the company said. source: AP

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Contracts

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Finance

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Energy

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Barges

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