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Lockheed Martin To Continue Support For Apache Fire Control System

Wednesday, January 30th, 2013

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Lockheed Martin [LMT] recently said it received a $90.6 million Performance Based Logistics (PBL) contract from the Army for sustainment of the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system on AH-64 Apache helicopters. This is the first of three options under the $111 million PBL contract awarded in 2012. The total four-year contract value is $375 million. The firm, fixed price contract provides a comprehensive sustainment effort to enable mission readiness, reduce operation and support costs, and…

Congress

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