7/102 sources · 2 publishersUpdated Oct 8, 21:43 UTC
Lockheed Martin receives Navy electronic warfare contract modification
Lockheed Martin received a Navy contract modification to manufacture Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 systems. The Naval Sea Systems Command made the award on Sept. 30, 2026. The modification contains options that could expand the contract's overall scope.
Why it matters
The award adds funded Navy electronic-warfare production work for Lockheed Martin's Rotary and Mission Systems unit. Exercising the options would increase the contract's value beyond the initial modification.
Key facts
- 1The modification covers production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 systems. news.clearancejobs.com
- 2Naval Sea Systems Command in Washington, D.C., is the contracting agency. news.clearancejobs.com
- 3The contract action was awarded Sept. 30, 2026. news.clearancejobs.com
- 4The modification is structured as a firm-fixed-price award under an existing contract. news.clearancejobs.com
Open questions
- The reported initial modification value differs: material 1 states $209M, while material 2 states $208,962,712.
- The reported potential contract value differs: material 1 states $1.71B, while material 2 states $1.7B in its summary and $1,708,478,799 in its body.
- The expected completion date differs: material 1 says 2028, while material 2 says September 2029.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.