Lockheed Subsidiary Lands $53M Navy Contract Option for Mk 48 Torpedo Equipment Production
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, […] More