Lockheed Wins $100M For Navy Shipboard Aegis Updates

LockheedLogoLockheed Martin (NYSE: LMT) has won a $100, 685, 094 contract to update weapon and combat systems onboard U.S. Navy cruisers and destroyers.

The company will also update Aegis Weapon System and Aegis Combat System for future surface combatant Aegis ship classes, the Defense Department said Monday.

The Aegis Combat System Engineering Agent program includes design, development, integration and testing work for computer baselines.

Lockheed will also help install technology hardware and provide the Navy training and studies.

At the time of award, Lockheed will receive $2, 924, 119 in incremental funds and $50, 000 will expire at the end of the current fiscal year.

Work under the cost-plus-incentive-fee, cost-plus-fixed-fee contract is scheduled to complete by May 2018.

Check Also

KBR

KBR Wins Potential $93M Navy Combat Integration System Support IDIQ

KBR’s (NYSE: KBR) government services business has won a potential five-year, $92.6M contract to engineer and produce datalink systems and associated platforms for the U.S. Navy’s combat operations.

DLA

DLA Awards Logistics Modernization Integration Support IDIQs to Advantaged Solutions, United Defense International

Advantaged Solutions and United Defense International have each received a potential five-year, $265M contract from the Defense Logistics Agency for logistics modernization integration support.