Three companies have secured contract modifications worth up to $5.1 billion combined over a five-year period for sonobuoy production and delivery services to the U.S. Navy.
Lockheed Martin (NYSE: LMT), Sparton and Sonobuoy Systems, formerly Ultra USSI, can pursue individual orders through exercised options under an indefinite-delivery/indefinite-quantity contract the branch previously awarded, the Department of Defense said Monday.
The service is procuring portable sonar systems across bathythermograph, multistatic source and receiver, and passive and active/passive combo categories.
Orders could also include support for Naval Munitions Requirements Process-based major combat operations such as annual training, peacetime, inventory and testing expenditures.
Contractors will perform work at their respective facilities located in Virginia, Indiana and Florida.
