Lockheed's San Diego Operation to Share Navy ContractMonday, February 13, 2017
A recently awarded U.S. Navy contract means that Lockheed Martin Corp. will perform a little more than $12 million worth of work in San Diego through early 2021.
Some 7.3 percent of the deal is set aside for San Diego. The full, $166 million contract covers full-rate production of 36 electronic Consolidated Automated Support Systems as well as logistics and engineering support. The CASS automatic test system evaluates Navy electronics on aircraft, ships and submarines.
Lockheed Martin (NYSE: LMT)’s Rotary and Mission Systems unit in Orlando, Fla. coordinates the work. Roughly one third of the work will be performed in Orlando.
The deal, announced Feb. 1, is expected to run through January 2021. The Navy is spending aircraft procurement funds on the contract.
The Naval Air Warfare Center Aircraft Division of Lakehurst, N.J. awarded the deal.