The systems -- 200 in all -- will be used on MH-60R and MH-60S helicopters and are worth about $1 billion, the company said.
"This contract award ensures uninterrupted, on-time deliveries of the MH-60R and MH-60S helicopter to the U.S. Navy fleet," said Dan Spoor, vice president of aviation systems for Lockheed Martin's Mission Systems and Sensors business.
"Plus the multiyear structure, versus an annual contract, allows us to provide our customer with more than 10 percent savings annually, surpassing Pentagon cost predictions."
The MH-60R is an anti-submarine and anti-surface warfare helicopter. A total of 162 cockpit and integrated systems will be provided and installed by Lockheed Martin; 62 cockpits and systems will be integrated aboard MH-60S helicopters, an aircraft used primarily for ferrying cargo and search-and-rescue operations.