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

F16Fleet

Proposed $260M F-16 Logistics Foreign Military Sale to Oman Gets State Dept Clearance

The State Department has approved a $260 million foreign military sale of logistics support services, support …

KEYW

Former Engility Finance Lead Michael Alber Joins KEYW as CFO & EVP

KEYW (Nasdaq: KEYW) has appointed Michael Alber, formerly chief financial officer at Engility (NYSE: EGL), as CFO and …

Subscribe to our Newsletter
I will subscribe later