Lockheed Martin Wins $84 Million Contract


Lockheed Martin has won a U.S. Navy contract to continue providing sonar systems for U.S. submarines.
The $84 million contract contains options which will bring the total contract value to $2.1 billion, if exercised.
The program’s scope includes the development, production, support, and modernization of all U.S. submarine sonar systems, including initial system deliveries for Virginia Class submarines under construction, as well as upgrades for all in-services submarines.

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