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Lockheed Martin to Update Navy’s Ship-Based Aegis Systems


lockheed martinTYSONS CORNER, VA, November 18,  2015 — Lockheed Martin (NYSE: LMT) will provide engineering support for the U.S. Navy‘s ship-based Aegis Ballistic Missile Defense system under a potential $36.7 million contract modification, ExecutiveBiz reported Tuesday.

The Defense Department said Monday Lockheed will also support the modernization of the Aegis system onboard the Navy’s DDG 51 and CG57 ships.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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David Smith
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david.smith@executivemosaic.com

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