Lockheed Martin Wins Navy Spare Parts Contract for Virginia-Class Subs

robot
Abstract generation in progress

Lockheed Martin has been awarded a $20.5 million firm-fixed-price contract by the Navy for 180 spare high-frequency chin array acoustic modules for the Block IV Virginia-class submarines. This sole-source contract highlights Lockheed Martin’s continued role in supporting U.S. naval defense. The work is expected to be completed by June 2031, with fiscal 2026 working capital funds obligating the full amount upfront.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin