Lockheed Martin awarded $113.64M Navy contract modification

Lockheed Martin was awarded a $113.64M firm-fixed-price modification to a previously awarded contract for option exercise of full rate production Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V) six systems. This contract combines purchases for the Navy, and the government of Japan, under the Foreign Military Sales program. Work is expected to be completed by October 2026. FY24 shipbuilding and conversion in the amount of $86.93M; FY24 FMS in the amount of $21.73M and FY24 other procurement funds in the amount of $4.99M, will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.