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Army Awards Potential $3.3 Billion Q-53 Radar Deal To Lockheed Martin

Matthew Beinart By
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Army Awards Potential $3.3 Billion Q-53 Radar Deal To Lockheed Martin
The AN/TPQ-53 radar system. Photo courtesy Lockheed Martin.

Lockheed Martin [LMT] has received a full-rate production order with a ceiling value of $3.3 billion from the Army for its AN/TPQ-53 radar systems, the Pentagon said Thursday. The new Q-53 radar contract also includes “deployment to various foreign military sales countries,” according to the Pentagon. Work on the latest full-rate production deal is expected to be completed by the end of March 2027. In 2019, the Army awarded Lockheed Martin a new contract to deliver 15 Q-53s as well…

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