Post_Award_Synopsis_for_TB-37X.docx

Lockheed Martin, Rotary and Mission Systems, Syracuse, New York is being awarded a $24,657,488 cost-plus-fixed-fee contract to develop the First Production Unit fabrication and qualification of the TB-37X Multi-Function Towed Array (MFTA) System. Work will be performed in Liverpool, New York (53 percent), Millersville, Maryland (44 percent), Marion, Massachusetts (1 percent), Cleveland, Ohio (1 percent), and Albuquerque, New Mexico (1 percent), and is expected to be completed by October, 2026. This contract includes cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive, and firm-fixed-price options with stepladder pricing which, if exercised at maximum quantities, would bring the cumulative value to $297,015,157.

The base contract is for the design, fabrication, and qualification testing of one TB-37X First Production Unit Towed Array System. Contract options provide for production of additional arrays and associated equipment, plus test sets and spare modules, as well as Program Management and Engineering Services.