Lockheed Martin Receives $99M in New Sniper ATP Orders Under ID/IQ
July 13, 2016 | Lockheed MartinEstimated reading time: 1 minute
Lockheed Martin has received $99 million in delivery orders for SniperAdvanced Targeting Pods(ATP), spares and upgrades under an Indefinite Delivery/Indefinite Quantity (ID/IQ) foreign military sales contract.
The delivery orders support customers in Belgium, Norway, Pakistan, Poland, Romania, Saudi Arabia, Taiwan, Thailand, the Netherlands and Turkey. The U.S. Air Force awarded Lockheed Martin the ID/IQ contract in 2015 with a ceiling value of $485 million. It is valid through March 2018.
"Using the ID/IQ, our foreign military sales customers can choose from a selection of pre-priced Sniper ATP products that address their unique needs," said Ken Fuhr, fixed-wing program director at Lockheed Martin Missiles and Fire Control. "As a result, the acquisition timeline is reduced from months to weeks, ensuring we can quickly respond to our customers and support targeting operations worldwide."
Sniper ATP detects, identifies, automatically tracks and laser designates small tactical targets at long ranges. It also supports employment of all laser- and GPS-guided weapons against multiple fixed and moving targets. Sniper ATP is interoperable across multiple platforms, including U.S. Air Force and multinational F-2, F-15, F-16, F-18, A-10, B-1 and B-52 aircraft.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 125,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Suggested Items
FTG Announces Q2 2025 Financial Results
07/09/2025 | Globe NewswireFiran Technology Group Corporation announced financial results for the second quarter 2025. Revenue: Recorded at $48.7 million, a 25.6% increase over Q2 2024.
Moog Announces Acquisition of COTSWORKS
07/07/2025 | BUSINESS WIREMoog Inc., a worldwide designer, manufacturer and systems integrator of high-performance precision motion and fluid controls and control systems, announced the acquisition of COTSWORKS Inc., an aerospace and defense fiber optics transceiver component manufacturer, for a purchase price of $63 million.
S&K Aerospace Awarded Major Contract Under DLA Maritime Acquisition Advancement Program
07/02/2025 | BUSINESS WIRES&K Aerospace, LLC has been awarded a significant contract under the Defense Logistics Agency’s (DLA) Maritime Acquisition Advancement Program, managed by the U.S. Naval Supply Command - Weapon Systems Support (NAVSUP WSS) in Mechanicsburg, PA.
Green Circuits to Exhibit Full-Service Electronics Manufacturing Solutions at 2025 SMD Symposium
07/02/2025 | Green CircuitsGreen Circuits, a full-service Electronics Manufacturing Services (EMS) partner to leading OEMs, is pleased to announce its participation in the 2025 SMD Symposium, taking place August 5-7 at the Von Braun Center in Huntsville, Alabama.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
06/27/2025 | Nolan Johnson, I-Connect007While news outside our industry keeps our attention occupied, the big news inside the industry is the rechristening of IPC as the Global Electronics Association. My must-reads begins with Marcy LaRont’s exclusive and informative interview with Dr. John Mitchell, president and CEO of the Global Electronics Association. For designers, have we finally reached the point in time where autorouters will fulfill their potential?