SYRACUSE, N.Y. -- Lockheed Martin, Rotary and Mission Systems has been awarded a $24,657,488 cost-plus-fixed-fee contract, from the United States Navy, to develop the first production unit fabrication and qualification of the TB-37X Multi-Function Towed Array (MFTA) System.
This contract includes cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive, and firm-fixed-price options with stepladder pricing, which, if exercised at maximum quantities, would bring the cumulative value to $297,015,157.
Work will be performed in Liverpool, New York (53 %); Millersville, Maryland (44 %); Marion, Massachusetts (1 %); Cleveland, Ohio (1 %); and Albuquerque, New Mexico (1 %), and is expected to be completed by October 2026.
Fiscal 2019 other procurement (Navy) funding in the amount of $24,657,488 will be obligated at time of award and will not expire at the end of the current fiscal year.
The U.S. Navy's Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity. The contract award number is N00024-19-C-6120.
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