Lockheed Martin Corp.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. Corp., Naval Electronics & Surveillance Systems, Baltimore, is being awarded a $6,053,048 cost-plus-award-fee modification to previously awarded contract (N00024-00-C-5486) for design agent engineering efforts to support ongoing product improvements and new missile integration, as well as continued design agent engineering support for launcher electronics, systems integration and software integration portions of the MK41 Vertical Launching System For the Brazilian Space Agency launcher, see . A Vertical Launching System (VLS) is a type of missile-firing system used aboard the submarines and surface vessels of several navies around the world. . Work will be performed in Baltimore, and is to be completed by October 2004. Contract funds will not expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. at the end of the current fiscal year. 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. |
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