Taking it easy after Turkey Day, the Department of Defense announced precisely one -- count it, one -- new defense contract Friday.
The lucky winner was Lockheed Martin (LMT -0.20%), whose Mission Systems and Training division landed a $10 million contract to lease to the U.S. Special Operations Command a commercially classed dry submersible vessel known as "S301i." This miniature submarine is a dry lock-in/lock-out vehicle, and will be used for research purposes by SOCOM as it develops, tests, and evaluates how it might use Dry Combat Submersibles to transport Navy SEALs underwater.
Would these NAVY SEALs look any happier if they were getting out of a nice, dry submarine? Source: Wikimedia Commons.
A picture of what the S301i is believed to look like can be found here.
