US Navy awards $257 million MK 48 MOD 7 torpedo contract for Australia and AUKUS submarines

The US Navy awarded Lockheed Martin a $257.3 million modification covering production, spares, engineering support and repair components for the MK 48 Mod 7 heavyweight torpedo. Funding includes US Navy money and contributions associated with Australia and other foreign partners, linking the work to allied submarine readiness as AUKUS undersea cooperation expands. Performance is distributed among facilities in New York, Florida and Massachusetts through September 2029, while the announcement does not identify a complete-torpedo quantity and should not be interpreted as a standalone purchase of finished weapons only.