Scott Nicholas
Lockheed Martin‘s Sippican business has received a potential $53 million contract modification to continue the production of Mk 48 Mod 7 equipment and spares for the U.S. Navy.
The Defense Department said Friday the modification exercises the first option year of a previously awarded contract that covers guidance and control sections, Common Broadband Advanced Sonar System functional item replacement kits, factory test equipment and spares.
DoD noted Sippican will also obtain production support materials as well as provide related engineering and hardware support services for the CBASS kits, guidance and control sections.
The exercised contract option includes orders from the Netherlands, Canada, Turkey and Australia.
Sippican won a potential $424.7 million contract from the Navy in May 2016 to develop guidance and control systems for the service branch’s heavyweight torpedoes.
The Naval Sea Systems Command will obligate the full amount of the modification from fiscal 2015, 2016 and 2017 Navy weapons procurement funds and foreign military sales funds for the Australian navy at the time of award.
Work will occur in Massachusetts and Pennsylvania through November 2020.
