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Business/Financial

Lockheed Martin Gets $35.8 Million Navy Contract For Submarine Comms Capabilities

DDN

Tuesday, February 3rd, 2009

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The Navy recently awarded Lockheed Martin [LMT] a $35.8 million contract to design and produce antenna buoy systems that will significantly expand the communications capabilities of submarines while they are submerged, the company reported yesterday. The Navy's Communications at Speed and Depth (CSD) program will use expendable submarine and air-launched communications buoys to enable submarines operating below periscope depth and at tactical speeds to communicate with surface ships and land-based assets via satellite networks. All classes of Navy submarines will…

Congress

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Congress

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Congress

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Congress

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