Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Lockheed Martin gets Naval services contract



By AP
05 September 2008 @ 01:05 pm ET

BETHESDA, Md. - Defense contractor Lockheed Martin Corp. said Friday it has been awarded a lucrative contract to provide logistics and systems services for the U.S. Navy in the U.S. and abroad.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
LMT 73.77 0.91

The contract was awarded by the U.S. Navy Space and Naval Warfare Systems Center in San Diego.

The period of performance is a three-year base period worth up to $59 million. Two additional award term periods raise the potential value to $189 million, Lockheed Martin said.

Under the new contract, Lockheed Martin will provide a range of services including logistics planning, configuration management, system integration, system installations, technical documentation, training development, customer support and technical field support. The programs these services support are in the areas of Navy command, control, communications and computers, plus intelligence, surveillance and reconnaissance--also known as C4ISR.

Copyright 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Industries
Warren Buffett's Berkshire Hathaway Inc said it plans to limit the amount of business underwritten by its reinsurance operations, as it prepares to spend...
California was awarded $19.5 million in a settlement against Royal Dutch Shell Plc's U.S. unit for not storing fuel properly at filling stations in the s...
Citigroup Inc said on Friday that new accounting rules for securitization trusts may prevent the bank from funding some of its assets with a top debt rat...

advertisement
Advertisement
POS Magnetic Card Readers

Online distributor for point of sale equipment, TYSSO and Pegasus.

 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives