Lockheed Martin Awarded Contract Modification

Friday, November 10, 2006
Lockheed Martin Corporation, Maritime System and Sensors, Littoral Ships and Systems, Baltimore, Md., is being awarded a $60,726,869 firm-fixed-price modification under previously awarded contract (N00024-98-C-5363) for procurement of four MK 41, MOD 15 Baseline VII, Vertical Launcher Ship (VLS) Sets. The contract will provide launcher support equipment and the associated labor for establishing material requisitions, program scheduling requirements, and establishment of purchase orders with suppliers and performance of necessary business and production operations, in support of MK41 VLS for the Governments of Australia (73.2 percent) and Spain (26.8 percent) under the Foreign Military Sales Program. Work will be performed in Baltimore, Md. (52.7 percent), Minneapolis, Minn. (22 percent), Aberdeen, S.D. (8 percent), Aiken, S.C. (7 percent), Ft. Totten, N.D. (5.2 percent), East Elmhurst, N.Y. (5.1 percent), and is expected to be completed by December 2008. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Contracts

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Tanker Trends

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