Lockheed Martin awarded $133.62M Navy contract modification

Lockheed Martin was awarded a $133.62M firm-fixed-price modification to an order against a previously issued basic ordering agreement. This modification adds scope to procure low rate initial production VII systems to include 39 Infrared Receivers; 34 Processors and 12 Inertial Measurement Units for the Navy in support of the F/A-18 Infrared Search and Track System Block II upgrade. Work is expected to be completed in October 2026. FY23 aircraft procurement funds in the amount of $111.79M; FY22 National Guard and Reserve Equipment in the amount of $13.77M; FY22 aircraft procurement funds in the amount of $905,888 and FY21 aircraft procurement funds in the amount of $7.16M will be obligated at the time of award, $7.16M of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.