ORLANDO, Fla.,
The U.S. Space and Naval Warfare Systems Command (SPAWAR) selected Lockheed Martin [NYSE: LMT] as one of four companies that will compete for task orders to enhance situational awareness on U.S. Navy ships, submarines and shore stations. The three-year indefinite delivery/indefinite quantity contract has an $831 million ceiling value, with one two-year option period that potentially raises the ceiling value to $1.375 billion.
The SPAWAR customer will use the contract to install and operationally certify Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) systems on Navy vessels and stations on the East and West Coasts as well as at multiple overseas locations. Of the four companies selected for the contract, Lockheed Martin is the only non-incumbent.
http://defense-technologynews.blogspot.com/2011/03/dtn-news-defense-news-lockheed-martin.html
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