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Air Force Awards Lockheed Martin Sniper ATP Post Production Support Contract

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The Air Force awarded Lockheed Martin [LMT] an indefinite delivery/indefinite quantity Sniper Advanced Targeting Pod (ATP) Post Production Support (PPS) contract, according to a company statement. The potential value of the contract over a seven-year period is $841 million. The contract, to be awarded incrementally over five years with two single-option years, is for a variety of upgrades to the legacy Sniper ATP fleet, including hardware and software upgrades and platform integration, which may include transition of legacy pods into…

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