Lockheed Martin Corp. received an $8.3 million contract to provide one year of planning and support for two U.S. Navy Littoral Combat Ships, the USS Freedom and USS Fort Worth. Half of the work will be done in San Diego, the other half in New Jersey.
Under the deal, announced on April 1, Lockheed Martin (NYSE: LMT) will provide a number of services, including management services; engineering support; materials management; shore-based trainer maintenance and configuration management; and software work. Also included is work that the Pentagon describes as “Total Ship Computing Environment work up, installation and test.”
There are two types of Littoral Combat Ships, which are smaller than the typical Navy ship and able to operate in shallow waters near shore, or the littoral environment. Lockheed Martin is prime contractor on the Freedom-class ship, which is 388 feet long. General Dynamics (NYSE: GD) is prime contractor on the Independence-class ship.
The Naval Sea Systems Command of Washington, D.C. awarded the Lockheed Martin deal, which is technically a delivery order under a previously awarded contract.