Lockheed Martin has been awarded a $481 million contract to support the construction of four Multi-Mission Surface Combatant (MMSC) ships for the Royal Saudi Naval Forces, the Department of Defense announced Monday.
“Lockheed Martin Corp., Baltimore, Maryland, is being awarded a $481,169,145 not-to-exceed undefinitized contract action for long-lead-time material in support of the construction of four Multi-Mission Surface Combatant (MMSC) ships,” the statement says.
Work is expected to be completed by October 2024. Foreign military sales funds for the kingdom of Saudi Arabia in the amount of $240,584,569 will be obligated at time of award and will not expire at the end of the current fiscal year, the statement added.
The MMSC is a lethal and highly-maneuverable surface combatant capable of littoral and open-ocean operation. Its mission capabilities include anti-surface warfare (ASuW), anti-submarine warfare (ASW), anti-air warfare (AAW), mine warfare, electronic warfare, and special operations.
The US Navy awarded Lockheed Martin a $150 million contract, with options worth up to $942.8 million, for the development, manufacture and delivery of two high power laser weapon systems, by fiscal year 2020
The US Navy awarded Lockheed Martin a $15 million contract to mature its Freedom-variant Frigate design as a part of the Navy's FFG(X) competition. Lockheed Martin submitted its Freedom-variant Littoral Combat Ship (LCS) parent design in response to the U
Indra and Lockheed Martin recently signed an agreement that extends their relationship in the development of an S-band active electronically scanned array (AESA) radar for the Spanish Navys F-110 program to the commercialization of this radar worldwide. The F-110 frigate is the Spanish Navys future multi-mission surface vessel, due to see operations in the next decade
Lockheed Martin has won $22.7 million modification contract to exercise an option for class services in support of Littoral Combat Ship program for Saudi Arabia
Lockheed Martin has been awarded a $282,085,646 contract modification for long-lead-time material and detail design in support of the construction of four Multi-Mission Surface Combatant ships (MMSC) for Saudi Arabia. This contract involves foreign military sales to the Kingdom of Saudi Arabia
The US Missile Defense Agency has awarded Lockheed Martin an $80.6 million fixed-price contract for modified ballistic re-entry vehicles and separation modules for missile defense tests
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