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

JLTV

Oshkosh to Continue JLTV Work, Federal Claims Court Denies Lockheed’s Injunction Request

Oshkosh Corp. (NYSE: OSK) said Friday it will continue work on the potential $6.75 billion …

MantechLogo

ManTech Lands Potential $71M Counter-Terrorism Support Task Order; Daniel Keefe Comments

ManTech International Corp. (Nasdaq: MANT) has been awarded a potential five-year, $71 million task order …

Subscribe to our Newsletter
I will subscribe later