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Lockheed Martin Receives $92 Million Sustainment Contract For Apache M-TADS/PNVS

Defense Daily Staff

Thursday, February 20th, 2014

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Lockheed Martin Receives $92 Million Sustainment Contract For Apache M-TADS/PNVS

Apache Helicopter with M-TADS/PNVS On Nose Photo: Lockheed Martin

HUNTSVILLE, Ala.-- Lockheed Martin [LMT] Feb. 20 said it received a $92 million Performance Based Logistics (PBL) contract in December 2013 from the Army to sustain the AH-64 Apache helicopter Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system. This is the second of three one-year options that support the initial $111 million PBL contract awarded in 2012. The total four-year contract value is $375 million. The firm, fixed-price contract is the foundation for a comprehensive sustainment solution that…

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