Lockheed Martin awarded $300.94M Navy contract modification

Lockheed Martin was awarded a $300.94M cost-plus-incentive-fee modification to a previously awarded contract for software engineering and on-site support for the Australia Surface Combatant program. This contract involves Foreign Military Sales to the government of Australia. Work is expected to be completed by September 2031. Foreign Military Sales funding in the amount of $20.11M will be obligated at the time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command, Washington is the contracting activity.