July 23, 2009
MARION, Mass., July 23, 2009 - Lockheed Martin's (NYSE: LMT) team developing a Communications at Speed and Depth (CSD) capability for U.S. Navy submarines has successfully completed the system requirements review. The capability will enable secure, two-way communications between submarines operating below periscope depth and at tactical speeds with surface ships, aircraft and land-based assets. All classes of U.S. Navy submarines will be equipped with this transformational capability.
"The on-schedule progress of this program results from a strong government-industry team that is focused on delivering a much-needed capability to the fleet," said Brent Starr, the Navy's CSD principle acquisition program manager. "The system requirements review was a huge success."
The Lockheed Martin-led industry team, which includes Ultra Electronics Ocean Systems and ERAPSCO, a joint venture between Sparton Electronics Florida, Inc. and Ultra Electronics - USSI, will deliver three types of two-way communications devices and associated submarine and shore equipment. Two of the devices - the tethered expendable communications buoy (TECB) Iridium system and the TECB-UHF system - are launched from submarines. The third is an acoustic-to-RF Gateway (A2RF) system that can be launched from submarines and aircraft.
Since the January contract award, the team has completed both the integrated baseline review and system requirements review milestones on schedule. Hardware delivery is expected in mid-2010.
"Successful on-schedule completion of the system requirements review is a major step in providing submarines the same access to communication networks as the rest of the U.S. Navy's fleet," said Rod Reints, Lockheed Martin's senior program manager for the CSD program. "Our team is now starting the preliminary design phase, moving us closer to our goal of providing communications at speed and depth to the U.S. Navy's submarine fleet."
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 146,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
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Lockheed Martin (NYSE:LMT), Naval Systems
The release says ""All" classes of U.S. Navy submarines will be equipped with this transformational capability."
ReplyDeleteHow much might a production contract be worth?
While Lockheed Martin is a big company and the value may not move the needle. It seems that such a contract could be a substantial bump to much smaller public company Sparton Corp.'s (N-SPA) sonobouy business.