Navigation Links
U.S. Navy Awards Lockheed Martin Six-year Contract Worth Up to $72 Million for Advanced Display Systems Support
Date:3/20/2009

EAGAN, Minn., March 11 /PRNewswire/ -- Lockheed Martin has received a six-year contract from the U.S. Navy to provide performance-based logistics support for the AN/UYQ-70 (Q-70) Advanced Display System. The contract provides Q-70 logistics and supply support at over $13 million a year for the first two years, with options for additional support over the next four years, bringing the total potential contract value to $72 million.

This contract follows a recently awarded $525.6 million modification to the NAVSEA AN/UYQ-70(V) Advanced Display Systems production contract.

"Lockheed Martin has provided excellent support for our Fleet supply efforts over the past 11 years," said Gary Newton, program manager for U.S. Navy Q-70 Supply Support at the Naval Inventory Control Point in Mechanicsburg, Penn. "We have very high regard for the people at Lockheed Martin who, as partners with us, have made our support for this Navy program so successful."

The contract will be managed out of Lockheed Martin's business in Eagan, Minn., and products will be delivered from the company's Virginia Beach, Va., location. If option years are exercised, the contract will continue until 2014.

"We're honored that the U.S. Navy selected Lockheed Martin to provide Q-70 supply support services," said John Nikolai, director of Lockheed Martin's Electronic Products and Logistics market segment. "This award supports assets currently in the fleet and sets a foundation for future infrastructure programs."

Q-70 systems are widely used in U.S. Navy at sea, on land and in the air as well as in naval systems operated by Australia, Germany, Japan, Norway and Spain. Lockheed Martin develops total ship computing infrastructure designs that encompass four key elements -- open system architectures, commercial technology, planned technology refresh and cross-platform commonality. The company is the world's largest producer of open systems, Commercial Off-The-Shelf (COTS) based computing, display, and networking equipment for military applications.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

For additional information, visit our web site: http://www.lockheedmartin.com/


'/>"/>
SOURCE Lockheed Martin
Copyright©2009 PR Newswire.
All rights reserved

Related biology news :

1. The American Society of Plant Biologists announces 2007 awards
2. Singapore National Science and Technology Awards
3. Homeland Security awards 2 grants to Rutgers for nuclear threat detection
4. NIH awards nearly $23M to University of Chicago for translational research
5. NIH awards researcher $1.5 million new innovator grant for fruit-fly studies of prion proteins
6. PETA awards $120,000 to Duluth Foundation for advancing non-animal tests
7. NIH awards UC $9 million grant to improve patient point-of-care technologies
8. NIST announces 56 new awards for innovative technology research and development
9. USP awards verified mark to Dr. Reddys Laboratories, Ltd. ingredients
10. Simons Foundation awards Emory scientists $3M for autism gene research
11. NIH grants $33 M in institutional development awards to 3 states
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/11/2017)... Florida , April 11, 2017 ... a security technology company, announces the appointment of independent Directors ... Bendheim to its Board of Directors, furthering the company,s ... ... of NXT-ID, we look forward to their guidance and benefiting ...
(Date:4/5/2017)... 2017  The Allen Institute for Cell Science today ... one-of-a-kind portal and dynamic digital window into the human ... first application of deep learning to create predictive models ... and a growing suite of powerful tools. The Allen ... future publicly available resources created and shared by the ...
(Date:4/5/2017)... KEY FINDINGS The global market ... CAGR of 25.76% during the forecast period of 2017-2025. ... for the growth of the stem cell market. ... MARKET INSIGHTS The global stem cell market is segmented ... The stem cell market of the product is segmented ...
Breaking Biology News(10 mins):
(Date:4/28/2017)... ... April 28, 2017 , ... While things have been quiet for ... company and provide a new outlook for the future. As a continued effort ... management with the retirement of Mr. Siegel as CEO. With the new adjustments in ...
(Date:4/27/2017)... ... April 27, 2017 , ... ... digital pathology, today announced their digital pathology technology has the potential to eliminate ... five medical centers in The Netherlands as part of the 2017 ISBI ...
(Date:4/27/2017)... ... April 27, 2017 , ... During the course ... how testing for 1,25-Dihydroxyvitamin D can enhance clinical practice. Participants will learn the ... dihydroxyvitamin D. , Dr. Gregory Plotnikoff, senior consultant with Minnesota Personalized Medicine, will ...
(Date:4/27/2017)... ... 27, 2017 , ... The Council for Agricultural Science and ... Lusk, a consummate communicator who promotes agricultural science and technology in the public ... explains how innovation and growth in agriculture are critical for food security and ...
Breaking Biology Technology: