Here is your press release- The $40M is for systems that LMCO previously took delivery of. AV will get $5-6M for some rework but no new systems. Any follow on orders are for another ECM system (not AV) that Lockheed has in the development pipeline.
Lockheed Martin Corp., Maritime Systems and Sensors, Manassas, Va., is being awarded an initial $40,750,462 order under an indefinite-delivery/indefinite-quantity firm-fixed-price contract, including time-and-material service line items for the production and delivery of SYMPHONY improvised explosive device jammer systems, including: field test sets, operator reference cards, uploader software, user guides, program protection, tool kits, depot support, field and engineering services, and system documentation in support of allied coalition and partner nations. This contract includes options which, if exercised, would bring the cumulative value of this contract to $940,000,000. Work will be performed in Clearwater, Fla. (77 percent); Manassas, Va. (22 percent); and in theater and locations out the contiguous United States (1 percent). Work is expected to be completed by September 2014. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-10-D-4203).
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