ORLANDO, Fla., Dec. 17, 2015 /PRNewswire/ -- The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $107.8 million foreign military sale contract to provide Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) systems to the Indian Army, making India the 15th international customer for the M-TADS/PNVS system.
Under the contract, $107.8 million is obligated to Lockheed Martin with a total value not to exceed $215.7 million. The contract includes 23 M-TADS/PNVS systems and spares for India, which extends production at Lockheed Martin facilities in Orlando and Ocala, Florida, through 2019.
"Our high-performing, reliable sensor system for the Apache helicopter will give Indian Army aviators the ability to acquire, engage and destroy adversary threats from extended ranges," said Mike Taylor, director of M-TADS/PNVS international and sustainment programs at Lockheed Martin Missiles and Fire Control. "The capability that our sensor provides results in enhanced aircraft survivability, pilot safety and mission success."
Fielded in 2005, M-TADS/PNVS provides Apache pilots with long-range, precision engagement and pilotage capabilities for safe flight during day, night and adverse weather missions. The forward-looking infrared sensors' enhanced image resolution enable Apache aircrews to accurately identify targets and provide situational awareness to ground troops outside of detection ranges. Lockheed Martin has delivered more than 1,300 M-TADS/PNVS systems and spares to the U.S. Army and international customers.
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About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that – with the addition of Sikorsky – employs approximately 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
SOURCE Lockheed Martin