Lockheed Martin, Naval Electronic & Surveillance Systems.Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. , Naval Electronic & Surveillance Systems, Moorestown, N.J., is being awarded a cost-ceiling $420,000,000 cost-plus-award-fee contract to develop the S-Band Radar component of the Sea-based Midcourse mid·course n. 1. The part of a missile flight between the end of the launching phase and reentry, during which corrective maneuvers are made. 2. The middle point of a course or of a course of action. Defense (SMD (1) (Storage Module Device) A high-performance hard disk interface used with minis and mainframes that transfers data in the 1-4 MBytes/sec range (SMD-E provides highest rate). See hard disk. ) Advanced Radar Suite. Work will be performed in Moorestown, N.J., and is expected to be completed by March 2007. Contract funds will not expire by the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command The Naval Sea Systems Command (NAVSEA) is the largest of the U.S. Navy's five "systems commands," or materiel organizations. NAVSEA consists of four shipyards, eight "warfare centers" (two undersea and six surface), four major shipbuilding locations and the NAVSEA headquarters, , Washington, D.C., is the contracting activity (N00024-02-C-5321). |
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