Overview
Lockheed Martin Corp. was awarded two contracts by the U.S. Department of the Navy totaling $67.7 million.
Submarine Electronic Warfare Systems Contract
The Naval Sea Systems Command issued a not‑to‑exceed $44.6 million cost‑plus‑incentive‑fee delivery order for technical insertion‑26 production material for submarine electronic warfare systems on new‑construction and in‑service submarines. Work will be performed primarily in Syracuse, New York (97 %), with additional work in La Mesa, Mexico (2 %) and Orlando, Florida (1 %). Completion is scheduled for July 2029. At award, the Navy will obligate $8.97 million from FY2026 shipbuilding and conversion funds, $5.78 million from FY2026 other procurement funds, $4.49 million from FY2025 shipbuilding and conversion funds, and $3.08 million from FY2025 other procurement funds, none of which will expire at the end of the current fiscal year.
F‑35 Depot Activation Support Contract
The Naval Air Systems Command awarded a $23.08 million cost‑plus‑fixed‑fee order for engineering and technical services, depot activation support, and material lay‑in to establish F‑35 national air‑vehicle depots for foreign‑military‑sales customers. The order supports depot maintenance activation plans for Finland and Switzerland and depot activation services and initial induction material for the Republic of Korea. Work will be carried out in Fort Worth, Texas (68 %), Cheongju, Korea (17 %), Emmen, Switzerland (6 %), Halli, Finland (6 %), Seoul, Korea (2 %) and Helsinki, Finland (1 %). Completion is expected by December 2028. Foreign‑military‑sales customer funds equal to the contract amount of $23.08 million will be obligated at the time of award.
Funding Summary
In total, the Navy will obligate $22.32 million from FY2025‑26 shipbuilding and procurement appropriations for the submarine contract, while the full $23.08 million for the F‑35 depot contract will be funded by the foreign‑military‑sales customers.