Lockheed Martin Receives $665.6 Million Taiwan Navy Contract
Under the award, the company will perform upgrades including new mission system avionics and service life extension kits to extend the aircrafts' service life for an additional 15,000 flight hours.
Other planned mission system upgrades include installation of electronic support measures, acoustics, communications, electro-optic and infrared systems, and new data management software and hardware, controls, displays and mission computers. The service life extension kits include new outer wings, center wing lower surfaces, horizontal stabilizers, horizontal stabilizer leading edges and nacelle components.
The P-3 is the primary maritime patrol and reconnaissance aircraft operated by the U.S. Navy and 18 international allies. Its roles include anti-submarine warfare, anti-surface warfare, surveillance and reconnaissance, search and rescue, drug interdiction, economic zone patrol, airborne early warning and electronic warfare.
Bethesda, Maryland-based 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 company reported 2008 sales of $42.7 billion.
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