Lockheed Martin to Build Advanced Sonar Systems as Navy's Heavyweight Torpedo Returns to Production


Corporation will build guidance and control systems for MK 48 torpedoes under U.S. Navy contract valued at up to $425 million

MARION, Mass. May 25, 2016 –  Lockheed Martin (NYSE: LMT) will provide the U.S. Navy the latest advancements in sonar systems under a new, $425 million US contract for guidance and control systems for the MK 48 MOD 7 torpedo, part of a five-year effort to increase the inventory of the MK48 Mod 7 heavyweight torpedoes for the submarine fleet.
                                                                  
The Lockheed Martin guidance and control systems will equip the heavyweight torpedoes with increased bandwidth and streamlined targeting and tracking capabilities. These systems will increase the MK 48’s effectiveness and provide advanced counter-measure capabilities.
 
“The latest guidance and control technologies for MK 48 are thanks in part to Lockheed Martin’s $10 million investment in manufacturing efficiencies, facilities, and laboratories to ensure navies can face any threats in littoral and deep sea environments,” said Tom Jarbeau, Lockheed Martin MK 48 program director. “We are building on our five decades of experience in undersea systems and our strong record of providing complex electronic systems to our customers on schedule and on budget.”
 
Under this new contract, Lockheed Martin will provide fully integrated guidance and control sections to increase the inventory of MK 48 torpedoes over several years. There is potential for production orders of more than 250 torpedoes over the next five years for the U.S. Navy, which are used by all classes of submarines as their anti-submarine warfare (ASW) and anti-surface warfare (ASuW) weapon.
 
These new guidance and control systems for new-construction MK 48 torpedoes include the same section of the Navy’s existing heavyweight torpedoes that Lockheed Martin is upgrading under the MK 48 Common Broadband Advanced Sonar System (CBASS) awarded by the U.S. Navy in 2011. Lockheed Martin delivers to the U.S. Navy at least 20 Mod 7 CBASS kits per month and has delivered all kits on schedule. Lockheed Martin also performs intermediate maintenance of these torpedoes for fleet training, giving the Navy a critical combat advantage.

With this contract, Lockheed Martin increases the portfolio of products and capabilities they provide to the U.S. submarine fleet and allied Navies.  The MK-48 torpedo is a joint programme between the Australian Navy and the U.S. Navy which has been undergoing continuous improvements through joint technology development. 

For additional information, visit our website: http://www.lockheedmartin.com/mk-48

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