Lockheed Martin Takes $72 Million Navy Contract

The Navy Space and Naval Warfare Systems Command in San Diego has awarded Lockheed Martin Corp.'s Naval Electronics & Surveillance Systems-Undersea Systems unit a five-year, $72 million deal to provide engineering services for fixed surveillance systems.

The contract may be extended up to 15 years, with a total potential value of $270 million.

Fixed surveillance systems are a key element of the Navy's Integrated Undersea Surveillance System, monitoring submarines and ships in the deep ocean and along coastlines.

Under the contract, Lockheed Martin, Bethesda, Md., will provide technical and engineering services to support design, development, integration, testing, installation, logistics, life-cycle support, training and documentation of fixed surveillance sensor systems.

The Advanced Technology Systems division of General Dynamics Corp., Falls Church, Va., is a key subcontractor to Lockheed Martin.

"We are extremely gratified to win this important contract and continue to serve the Navy in the critical area of undersea surveillance," said Francis DeBritz, president of Lockheed Martin's undersea systems unit. "The combined skills and resources of Lockheed Martin and General Dynamics will serve the Navy well on this project."