Lockheed Martin Awarded $40 Million Contract To Deliver Additional Sniper® Advanced Targeting Pods

Active: 
yes
Country/Region/International Authority: 
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Contract Set?: 
no
Contract Amount: 
40,000,000 USD
Announcement Date: 
05/20/2010

 

Lockheed Martin [NYSE: LMT] has signed a $40 million foreign military sales contract to deliver Sniper Advanced Targeting Pods (ATPs) to the Royal Saudi Air Force. This is the second Sniper ATP purchase in a multi-year precision sensor modernization program to improve precision targeting, intelligence, surveillance and reconnaissance capability of Royal Saudi Air Force F-15S aircraft.

The Royal Saudi Air Force first purchased Sniper pods in March 2009. Operational evaluation of the pod on the F-15S concluded in January of this year, with the Royal Saudi Air Force declaring the pod mission ready.