Lockheed Martin (LMT) said Monday the U.S. Navy has awarded the company an additional $147 million contract to upgrade the fleet's electronic warfare defenses against evolving threats, such as anti-ship missiles.
Under this low-rate initial production contract for Block 2 of the Navy's Surface Electronic Warfare Improvement Program, Lockheed Martin will provide 14 systems to upgrade the AN/SLQ-32(V)2 system on all U.S. aircraft carriers, cruisers, destroyers and other warships with key capabilities to determine if the electronic sensors of potential foes are tracking the ship.
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