Home / Contract Awards / Lockheed Aegis Ashore Engineering Contract Now $197M

Lockheed Aegis Ashore Engineering Contract Now $197M

Lockheed Martin’s (NYSE: LMT) contract to provide engineering services to the Missile Defense Agency for the Aegis Ashore program now has a maximum value of $197,413,781.

The Defense Department said the company’s mission systems and sensors business will continue to provide phase 2B engineering for a host nation’s skids and skids accessories until Oct. 31, 2013.

MDA will spend $6,889,542 in fiscal year 2012 funds for research, development test and evaluation to incrementally fund the program.

Lockheed received a $115,508,368 contract modification in December to provide adaptation efforts, site and transportation planning, technology initiatives and studies for Aegis Ashore.

Check Also

Jeff Jacobson

Jeff Jacobson to Become Xerox CEO After Company Splits in Two

Jeff Jacobson, president of Xerox’s (NYSE: XRX) technology business, will transition into the role of …

Raytheon logo

Raytheon to Update Kuwait’s Patriot System Fire Units Under $523M FMS Contract

Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize …

Subscribe to our Newsletter
I will subscribe later