The U.S. Navy has awarded Lockheed Martin’s (NYSE: LMT) mission systems and sensors business a potential $228, 155, 587 cost-plus-fixed-fee contract.
The company will provide Japan with Aegis weapon systems and Aegis combat systems under the foreign military sales program.
The initial contract award is for $157, 582, 983.
The using service is the Japan Maritime Self Defense Force. Lockheed will provide:
- computer program maintenance
- in-country support services
- staging support
The Naval Sea Systems Command, Washington, D.C., is the contracting activity.