LM Awarded $17 M for Apache M-TADS System Modernization

(Orlando, FL., December 3, 2008) -- Lockheed Martin [NYSE:LMT] has been awarded a $16.9 million contract to begin modernization of the final portion of the U.S. Army's Apache helicopter Modernized Target Acquisition Designation Sight (M-TADS) system.

Under the three-year firm, fixed-price contract, Lockheed Martin will modernize the Laser Transceiver Unit in the Apache's legacy Day Sensor Assembly (DSA) and associated electronics. The objective is to modernize the entire DSA system to enhance performance and prevent obsolescence, as well as to increase the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensors' (M-TADS/PNVS) ability to fully accommodate future weapons. The contract also includes two contract options to support integration and qualification, which can be exercised in 2009 and 2010.

"This modernization effort will provide superior technological and precision engagement advantages to our Warfighters," said Jack McClafferty, director of the Arrowhead(r) program at Lockheed Martin Missiles and Fire Control. "It will also ensure the U.S. Army's Apache helicopter remains the world's finest attack helicopter well into the future."

Source : Lockheed Martin

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Events related to this news release

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