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Lockheed Martin Wins $108 Million Sale To Provide India With Apache Targeting and Pilotage Sensor

Wednesday, January 6th, 2016

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The Army awarded Lockheed Martin [LMT] a $108 million foreign military sale (FMS) contract to provide the Indian Army with the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems, the company said Dec. 17.The total contract value is not to exceed $215.7 million, with the $108 million obligated at award time. It includes 23 M-TADS/PNVS systems and spares for India. Production of the systems is set to extend production through 2019 at company facilities in Orlando and Ocala,…

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