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Lockheed Martin Corp. was awarded $16,8 million cost-plus-incentive-fee contract in support of the Mark 48 heavyweight torpedo efforts. In a Feb. 24 contract announcement, the Navy said that this contract includes options that, if exercised, would bring the contract’s cumulative value to $91,922,540. Work will be performed in Pearl Harbor, Hawaii, and is expected to […]

The post US Navy awards contract to Lockheed Martin for heavyweight torpedoes first appeared on Defence Blog.

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