Lockheed Martin was awarded a $143.09M cost-plus-incentive-fee contract modification to previously awarded contract to exercise options for Navy equipment and spares. Work is expected to be completed by February 2031. FY23 other procurement funds in the amount of $81.35M; FY23 shipbuilding and conversion funds in the amount of $59,48M and FY22 shipbuilding and conversion funds in the amount of $2,253,093 will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command is the contracting activity.
Published first on TheFly
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