Forecast International

MOORESTOWN, N.J. -- Lockheed Martin Rotary and Mission Systems has been awarded a $79,310,913 fixed-price-incentive and firm-fixed-price modification to previously awarded contract N00024-20-C-5101, from the United States Navy, for fiscal 2021 AEGIS modernization (AMOD) and guided missile destroyer new construction production requirements. This contract combines purchases for the U.S. government (84%); and the government of the Commonwealth of Australia (16%) under the Foreign Military Sales (FMS) program.

Work will be performed in Moorestown, New Jersey (80%); and Clearwater, Florida (20%), and is expected to be completed by March 2025.

Fiscal 2021 other procurement (Navy) funds in the amount of $37,554,700 (48%); fiscal 2021 shipbuilding and conversion (Navy) funds in the amount of $12,990,910 (16%); FMS Australia funds in the amount of $12,784,579 (16%); fiscal 2020 shipbuilding and conversion (Navy) funds in the amount of $11,985,543 (15%); and fiscal 2021 Defense-wide procurement funds in the amount of $3,995,181 (5%) 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, D.C. is the contracting activity.

Source: U.S. DoD
Associated URL: https://www.defense.gov/Newsroom/Contracts/Contract/Article/2563073//
Author: U.S. DoD

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