Home / Contract Awards / Lockheed Wins $148M to Integrate Navy Aegis System

Lockheed Wins $148M to Integrate Navy Aegis System

Lockheed Martin (NYSE: LMT) won a $148.5 million U.S. Navy contract modification to provide an Aegis weapon system, the Defense Department said Wednesday.

Lockheed will produce and integrate the system for the Navy’s DDG 116 guided-missile destroyer.

Lockheed will also purchase material assemblies to support a host nation of the Aegis missile defense system.

The Pentagon expects work to complete by January 2017.

The Naval Sea Systems Command in Washington is the contracting activity.

Check Also

Former DHS Secretary Jeh Johnson Rejoins Law Firm Paul, Weiss in Partner Role

Jeh Johnson, former secretary of the Department of Homeland Security, has returned to Paul, Weiss, …

BAE’s U.S. Arm Names 15-Year Vet Terry Crimmins Electronic Systems Sector Head; Jerry DeMuro Comments

Terry Crimmins, formerly vice president and deputy general manager of the electronic systems sector at BAE Systems‘ …

Subscribe to our Newsletter
I will subscribe later