Yesterday (13,march, 2009) Lockheed Martin Corp., Maritime Systems and Sensors Tactical Systems, St. Paul, Minn., is being awarded a $665,637,785 firm-fixed-price contract for the procurement of phased depot maintenance, structural service life extension, and avionics modification on 12 P-3C aircraft for the government of Taiwan under the Foreign Military Sales Program.

In addition, this contract provides for ground handling and support equipment and publications. Work is expected to be completed in Aug. 2015. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured.

Work will be performed in US.

In a different contract, Raytheon Co., Tucson, Ariz., was awarded a $16,075,146 modification to previously awarded contract (N00024-07-C-5431) to procure long lead material for the fiscal year 2009 procurement of the Evolved SEASPARROW Missiles (ESSMs) for the NATO SEASPARROW consortium and the United Arab Emirates. The NATO SEASPARROW consortium, which includes the United States and nine other countries and the United Arab Emirates, will fund the effort under this contract.