Lockheed Martin awarded $282.09M Naval Sea Systems Command contract.
Lockheed Martin has been awarded a $282.09M not-to-exceed undefinitized contract action modification to previously-awarded contract N00024-18-C-2301 for long-lead-time material and detail design in support of the construction of four Multi-Mission Surface Combatant ships, or MMSC. The MMSC is a lethal and maneuverable surface combatant capable of littoral and open-ocean operation. This contract involves foreign military sales to the Kingdom of Saudi Arabia. Work will be performed in Marinette, Wisconsin; Baltimore, Maryland; Herndon, Virginia; Moorestown, New Jersey; Manassas, Virginia; San Diego, California and other various places and is expected to be completed by October 2025. Foreign military sales funding in the amount of $124.2M will be obligated at the time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured, in accordance with 10 U.S. Code 2304. The Naval Sea Systems Command is the contracting activity.
|Printer friendly Cite/link Email Feedback|
|Date:||Nov 16, 2018|
|Previous Article:||Teligent receives notification of deficiency from Nasdaq.|
|Next Article:||Maxar Technologies shareholders approve U.S. domestication.|