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Army

Lockheed Martin Nets $31 Million Contract To Maintain Apache Fire Control Systems

Wednesday, January 6th, 2016

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Lockheed Martin Nets $31 Million Contract To Maintain Apache Fire Control Systems

Apache Helicopter with the Longbow Fire Control Radar (FCR) above the main rotor. Photo: Boeing

The Army in December awarded Lockheed Martin [LMT] a $31.8 million sustainment contract for the AH-64D/E Apache attack helicopters equipped with the advanced electro-optical fire control system known as the modernized target acquisition designation sight/pilot night vision sensor (M-TADS/PNVS).The performance-based logistics contract is aimed at improving the targeting and pilotage system’s mission readiness, increasing reliability and maintainability and reducing operation and support costs.A total of $31.8 million was obligated to Lockheed Martin through the one-year base contract award with a…

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