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Lockheed Martin secures $ 655 million contract to refurbish 12 P-3C Orions for Taiwan
Our Bureau
Mon, Mar 16, 2009
Lockheed Martin Corp today announced that it has awarded a $ 655 million firm-fixed-price contract for the procurement of phased depot maintenance, structural service life extension, and avionics modification on 12 P-3C aircraft for the government of Taiwan under the Foreign Military Sales Program.
The contract will also support for ground handling and support equipment and publications.
Work will be performed in St. Paul, Minn., (50 percent); Greensville, S.C., (27 percent) and Marietta, Ga., (23 percent), and is expected to be completed in Aug. 2015.
Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured.
The contract will also support for ground handling and support equipment and publications.
Work will be performed in St. Paul, Minn., (50 percent); Greensville, S.C., (27 percent) and Marietta, Ga., (23 percent), and is expected to be completed in Aug. 2015.
Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured.
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