Lockheed Martin Wins $1.5Billion Q-53 Radar System Contract

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  • 09:45 AM, March 31, 2017
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Lockheed Martin Wins $1.5Billion Q-53 Radar System Contract
AN/TPQ-53 counterfire target acquisition radar system

The US Army awards $1.5 billion worth contract to Lockheed Martin for AN/TPQ-53 counterfire target acquisition radar system.

“Lockheed Martin Corp., Syracuse, New York, was awarded a $1,588,571,025 order dependent contract for the Counter Fire Target Acquisition Radar System full-rate production and deployment,” the US Department of Defense announced Thursday.

Work locations and funding will be determined with each order, with an estimated completion date of March 29, 2022, the statement added.

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