This modification is a routine follow-on order within an existing program. Monitor for future FMS orders or program expansions that could increase the contract ceiling.
Price Chart
Executive Summary
Lockheed Martin received a $74.3 million firm-fixed-price modification to a Navy contract for production of AN/SLQ-32(V)6 electronic warfare systems, with work funded by Canada, Japan, and the Coast Guard. The award is routine for Lockheed Martin's scale, representing less than 0.1% of annualized revenue.
Key Financial Metrics
Key Facts
- Award amount: $74,294,440
- Contract type: firm-fixed-price modification to existing contract N00024-20-C-5503
- Work: production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 systems
- Funding sources: Canada (52%), Japan (47%), Coast Guard (1%)
- Work locations: Liverpool, NY (78%) and Lansdale, PA (22%)
- Completion expected by September 2029
- Company annualized revenue: $80.252 billion
Financial Impact
$74.3 million award, approximately 0.09% of annualized revenue
Risk Factors
- Award is a modification, not a new contract, revenue visibility limited to this specific order
- Foreign Military Sales funding may be subject to geopolitical or budgetary shifts
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-N0002420C5503 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $625.19 | awaiting T+20 | awaiting T+20 | $622.99 (−0.35%) |
Oct 26, 2026 2d ago | GOVT-CONTRACT | $635.08 | awaiting T+20 | awaiting T+20 | $622.99 (−1.90%) |
Oct 23, 2026 4d ago | 144 | $635.20 | awaiting T+20 | awaiting T+20 | $622.99 (−1.92%) |
Oct 23, 2026 5d ago | GOVT-CONTRACT | $635.20 | awaiting T+20 | awaiting T+20 | $622.99 (−1.92%) |
Oct 22, 2026 6d ago | 8-K | $589.91 | awaiting T+20 | awaiting T+20 | $622.99 (+5.61%) |
Oct 22, 2026 6d ago | GOVT-CONTRACT | $604.18 | awaiting T+20 | awaiting T+20 | $622.99 (+3.11%) |
Oct 15, 2026 12d ago | Press Release | $532.64 | awaiting T+20 | awaiting T+20 | $622.99 (+16.96%) |
Oct 14, 2026 14d ago | GOVT-CONTRACT | $532.64 | awaiting T+20 | awaiting T+20 | $622.99 (+16.96%) |
Oct 13, 2026 15d ago | GOVT-CONTRACT | $522.23 | awaiting T+20 | awaiting T+20 | $622.99 (+19.29%) |
Sep 21, 2026 5w ago | Press Release | $522.34 $548.71 | ▲ +5.05% | ▲ +5.61% | $622.99 (+19.27%) |
US Market Status
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