Lockheed Martin Systems Integration.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. Systems Integration, Owego, N.Y., is being awarded a $12,500,000 ceiling-priced modification to a previously awarded cost-plus-award-fee contract (N00019-93-C-0196) to incorporate the Weapons Systems Integration Team approach into the Statement of Work and add an associate contractor agreement for two prototype and two test article MH-60R aircraft. Work will be performed in Owego, and is to be completed in February 2005. 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 Air Systems Command The Naval Air Systems Command, or NAVAIR, is the part of the United States Navy which provides materiel support for naval aircraft and airborne weapon systems, such as guided missiles. NAVAIR was established in 1966 as the successor to the Navy's Bureau of Naval Weapons (BuWeps). , Patuxent River The Patuxent River is a tributary of the Chesapeake Bay in the state of Maryland. There are three main river drainages for central Maryland: the Potomac River to the west passing through Washington D.C. , Md., is the contracting activity. |
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