Army Awards Lockheed Martin $82 Million Sustainment Contract for Apache Targeting/Night Vision System
ORLANDO, Fla., Feb. 9, 2015 – Lockheed Martin [NYSE: LMT] received an $82 million Performance Based Logistics (PBL) contract in December from the U.S. Army for AH-64 Apache helicopter Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system sustainment.
The firm, fixed-price contract is the foundation for a comprehensive sustainment solution that enables M-TADS/PNVS mission readiness, reduces operation and support costs, and drives reliability and maintainability improvements. This is the third of three one-year options that support the initial $111 million PBL contract awarded in 2012. The total four-year contract value was $375 million.
“The partnership between the Army Aviation and Missile Command Logistics Center and Lockheed Martin has built a comprehensive logistics solution that consistently meets or exceeds required aircraft readiness rates,” said Rob Breter, Apache PBL senior program manager at Lockheed Martin Missiles and Fire Control. “During its peak operational tempo of more than 200,000 flying hours, the M-TADS/PNVS PBL program averaged a worldwide supply availability rate of 98 percent, increasing mission readiness for the aircrew.”
M-TADS/PNVS provides Apache helicopter pilots long-range, precision engagement and pilotage capabilities for mission success and flight safety day or night, or in adverse weather conditions. Forward-looking infrared sensors provide enhanced image resolution that enables Apache aircrews to prosecute targets and provide situational awareness in support of ground troops outside detection ranges. Lockheed Martin has delivered more than 1,300 M-TADS/PNVS systems to the U.S. Army and international customers.
The Apache PBL team was honored with the 2011 and 2013 Secretary of Defense PBL Awards recognizing outstanding achievements in providing soldiers with exceptional operational support. The M-TADS/PNVS program received the subsystem level PBL award, which is one of three presented annually to recognize government/industry teams that have demonstrated outstanding achievements.
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation’s net sales for 2014 were $45.6 billion.