Lockheed Martin Gets $733 Million Contract For Aerial Intelligence, Surveillance and Reconnaissance

Lockheed Martin

disclosed that it won $733 million worth of contract for the Sensor Systems - Aerial Intelligence, Surveillance and Reconnaissance (SS-AISR). According to the company, the contract is for one-year base/two one-year options contract. It would support the ACC-APG to modernize sensor equipment and platforms helping AISR data collection, air- and ground-based processing, exploitation and dissemination for missions. Lockheed Martin said that its Information Systems & Global Solutions (IS&GS) would offer personnel to manage, operate, train and maintain reliable and efficient systems. That included equipment, facilities and logistical infrastructures in order to operate, sustain and improve equipment performance, and cut life-cycle costs for the systems supported. The company indicated that the team would also conduct Airborne Sensor Operator, Sensor Maintainer, Intelligence Analyst and Airborne Crew Coordination training of U.S. Army soldiers at multiple stateside and overseas locations. The company's VP, technical services, Scott, said, "Our team is bringing the latest airborne technology advancements to the soldiers in the field, ensuring greater mission success and warfighter protection." The stock traded 0.25 percent higher on Tuesday.