The U.S. Navy announced on Dec. 30 that it awarded Lockheed Martin Corp. a contract to provide information technology for the P-8A Poseidon aircraft. Some 16 percent of the work will be conducted in San Diego.
Under the deal, Lockheed Martin (NYSE: LMT) will design, develop, demonstrate, document and deliver a P-8A application-based architecture system. Work will continue through March 2017. Work will be split among various cities, with the most done in Manassas, Va.
The P-8 is a military variant of the Boeing (NYSE: BA) 737-800 commercial airplane. The Navy intends to replace its P-3 Orion aircraft — which is based on a design from the 1950s — with the P-8. The new aircraft comes equipped for anti-submarine warfare as well as anti-surface warfare and intelligence, surveillance and reconnaissance duties. The P-8 is armed with torpedoes, cruise missiles, bombs and mines.
The Naval Air Systems Command at Patuxent River, Md. awarded the systems deal, choosing Lockheed Martin from among five vendors.