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Lockheed Wins MDA Aegis Award, Contract Value Now $183M

Lockheed Martin’s (NYSE: LMT) mission systems and sensors business has received a sole source cost-plus-incentive fee contract modification from the Missile Defense Agency.

The total value of the modification is $6, 578, 419, increasing the total contract value from $176, 695, 539 to $183, 273, 958.

The modification accounts for integration of the Aegis weapon system hardware onto skids to include the computer processing suite, spy transmitter and signal processor.

The work will be performed in Moorestown, N.J.. with a performance period through June 30, 2011. The MDA, Dahlgren, Va., is the contracting activity.

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