Lockheed Martin has won a contract option worth approximately $10 million to support the US Navy's intermediate-level maintenance activities for all MK-48 torpedoes.
This is the first option exercised from a contract awarded in 2013 and brings the total contract value to more than $18 million.
"The key to this program's success is our strong partnership with the U.S. Navy," said Dr. Rob Smith, vice president of C4ISR for Lockheed Martin Information Systems & Global Solutions. "Working in unison, our teams established a diligent process that ensures reliability and helps reduce life cycle costs for the Navy's torpedo enterprise."
Lockheed Martin has provided specialized undersea weapons maintenance for the MK-48 since 2007. The Lockheed Martin team includes qualified torpedo maintenance technicians who maintain the Government-furnished equipment and property according to Navy regulations. Lockheed Martin provides all infrastructure support for the intermediate maintenance activities, including quality assurance, training, audit support, pier side services and ordnance handling. The Navy provides the facility, all required parts and equipment, as well as the procedures necessary to perform the maintenance tasks.
Since torpedoes can be used multiple times for training and exercises, Lockheed Martin refurbishes these heavyweight torpedoes to ensure adequate numbers of ready-for-issue weapons are available to the Navy's Fleet Commanders. Lockheed Martin performs intermediate-level maintenance for both exercise and wartime-ready "warshot" configurations of the MK-48 advanced capability torpedoes. These training torpedoes are used for fleet training, a critical combat advantage to the submarine force, and their reliability is paramount in the success of this training.
Lockheed Martin Australia and Pilatus Aircraft, supported by Hawker Pacific, have jointly launched a bid to provide a new pilot training system for the Australian Defence Force. The consortium, known as Team 21, submitted its proposal for the AIR 5428 Pilot Training System on March 31st
The US Air Force awarded Lockheed Martin more than $245 million in contract options to complete production of its seventh and eighth next-generation Global Positioning System satellites, known as GPS III. GPS III space vehicles seven and eight (SV 07-08) received initial funding under a February 2013 long lead material contract for the Air Force's second set of four satellites, GPS III SV 05-08
Lockheed Martin will deliver the first C-130J tactical transport to the Israeli Air Force on 9 April, according to Flight Global. The delivery of the first C-130J "Samson" is a major milestone in the reorganization of the air force's Hercules squadrons
The US State Department has approved a possible Foreign Military Sale to Turkey for MK 48 Mod 6 Advanced Technology All-Up-Round (AUR) Warshot torpedoes worth $170 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on May 12, 2014
Lockheed Martin received a $611 million contract from the U.S
Lockheed Martin has won a $25 million contract from US Army to design, build and test a 60-kilowatt electric laser to be integrated and tested in a truck-mounted weapon system demonstrator. The laser weapon is designed to significantly improve the warfighters' ability to counter rockets, artillery, mortars and unmanned aerial threats
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