WASHINGTON, May 25 (UPI) -- Lockheed Martin Sippican, Inc., has been awarded a $72.8 million firm-fixed-price, fixed-price-incentive, cost-plus-fixed fee U.S. Navy contract for work on the MK 48 Mod 7 heavyweight torpedo system.
Work will include guidance and control sections, MK 48 Mod 7 Common Broadband Advanced Sonar System upgrade kits, test equipment, spares, production support material, engineering support, and hardware repair support.