Lockheed Martin awarded a $209 million contract for Navy electronic warfare systems
Lockheed Martin (LMT) has been awarded a firm-fixed-price contract modification worth $209 million to produce AN/SLQ-32(V)6 electronic warfare systems for the U.S. Navy. The deal includes an option that, if exercised, could raise the total value of the contract to up to $1.71 billion. The award highlights continued demand for advanced defense technologies and supports Lockheed Martin's role in providing critical capabilities to the U.S. military. This modification is expected to enhance naval electronic warfare systems used across various platforms.
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Topics: defense electronics government_contracts