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Lockheed Martin Corp Receives $90 Million U.S. Army Apache M-TADS/PNVS Performance Based Logistics Contract


Thursday, 17 Jan 2013 09:30am EST 

Lockheed Martin Corp announced that it has received a $90.6 million Performance Based Logistics (PBL) contract from the U.S. Army for sustainment of the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) system. The firm, fixed price contract provides a comprehensive sustainment solution that enables mission readiness, reduces operation and support costs, and drives reliability and maintainability improvements. This is the first of three options under the $111 million PBL contract awarded in 2012. The total four-year contract value is $375 million .