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Lockheed Martin Won’t Protest Navy’s SEWIP Award

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Lockheed Martin Won’t Protest Navy’s SEWIP Award
USS George Washington (CVN 73) Carrier Strike Group and Japan Maritime Self-Defense Force (JMSDF) ships steam in formation for a photo exercise during the final day of Exercise Keen Sword 2011. Photo courtesy U.S. Navy

Lockheed Martin [LMT] and partner Raytheon [RTN] have chosen against protesting a Navy decision last month to award Northrop Grumman [NOC] a contract for the production of third block upgrade to a ship-based electronic warfare system known as SEWIP, a Lockheed Martin spokeswoman said Monday.Northrop Grumman won the Feb. 12 award that could reach a total value of $267 million if all options are exercised for the upgrade to the AN/SLQ-32(V) electronic warfare system that detects and jams threats at…

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