The Defense Department has awarded Lockheed Martin‘s space systems company a two-part modification that increases the potential value of a contract for ballistic missile production and support to nearly $1.2 billion.
The contract now consists of :
- an undefinitized contract action not-to-exceed $772, 203, 549 to produce Trident II D5 fleet ballistic missiles.
- a definitized contract worth $427, 379, 969 to provide technical and logistical support at sites where the Trident missiles are deployed.
A listing on FedBizOpps.gov indicates the $142, 906, 518 modification increases the total contract value to just under $1.2 billion. The initial contract is worth up to $1, 056, 677, 000.
The awards modify a cost-plus-incentive-fee, cost-plus-fixed-fee, fixed-price-incentive contract, originally awarded on June 25, 2010.
According to Lockheed’s website, the Trident II D5 is the latest generation of the U.S. Navy‘s submarine-launched fleet ballistic missiles.
