Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $62,086,381 fixed-price-incentive and firm-fixed-price modification to previously awarded contract N00024-20-C-5101 for fiscal 2022 AEGIS modernization, DDG new construction, and Frigate new construction production requirements. Work will be performed in Moorestown, New Jersey (80%); and Clearwater, Florida (20%), and is expected to be completed by September 2025. Fiscal 2022 other procurement (Navy) funds in the amount of $42,685,741 (69%); fiscal 2022 shipbuilding and conversion (Navy) funds in the amount of $15,016,890 (24%); and fiscal 2022 Defense-wide procurement funds in the amount of $4,383,750 (7%) will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C. is the contracting activity.
Recommended
free preview