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