Military Industrial Complex

Lockheed Martin defense contract to the Navy given on 1/30/2007

Authored By Staff Writer

Defense contract under the Navy awarded to Lockheed Martin on 1/30/2007.

Per the U.S. DoD, * Indicates a "small business" classification and ** indicates a "small disadvantaged business". NOTE: the U.S. DoD only publicly reports contracts valued at $6.5 million USD or greater. The contract language is EXACTLY as it appears on the official U.S. DoD website ( unless otherwise noted.

Principle Contractor: Lockheed Martin
Date Reported: 1/30/2007
Department: Navy

Contract Details: Lockheed Martin, Baltimore, Md., is being awarded a $5,596,537 cost-plus-award-fee modification under previously awarded contract (N00024-04-C-5453) to exercise options for technical engineering services in support of MK 41 Vertical Launching System Integration for the Governments of Spain (60 percent); Australia (37 percent); Germany (2 percent); and Korea (1 percent) under the Foreign Military Sales Program. Work will be performed in Baltimore, Md. (80 percent) and Ventura, Calif. (20 percent), and is expected to be completed by October 2008. Contract funds will not expire at the end of the fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

Total Contract Value: $5,596,537

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