Home / Contract Awards / Doug Graham: Lockheed Extends Air Force ICBM Work Under Potential $452M Contract

Doug Graham: Lockheed Extends Air Force ICBM Work Under Potential $452M Contract

lockheed martinLockheed Martin (NYSE: LMT) has been awarded a potential $452 million contract to sustain the reentry subsystems for the U.S. Air Force’s intercontinental ballistic missiles.

Lockheed will work to modify and test the hardware and software components of the Minuteman III ICBM’s reentry system-reentry vehicle subsystem, the company said Thursday.

The initial contract contains a one-year base period, worth $109 million, and four option years as part of the Air Force’s Future ICBM Sustainment and Acquisition Construct program running through 2030.

“This award represents an exciting new chapter in Lockheed Martin’s 50-year partnership with the Air Force ICBM enterprise, ” said Doug Graham, vice president of ICBM and advanced programs at Lockheed Martin Space Systems Company.

Work under the contract will take place at Hill Air Force Base in Utah and in King of Prussia, Pa.

Check Also

ASRC Federal Gets $428M DHS Contract for Plum Island Facility Operations Support; Mark Gray Comments

ASRC Federal‘s field services business has received a potential $428 million contract to help the …

Sanjiv Jain Named eGlobalTech CEO in Series of Exec Moves

Sanjiv Jain, chief administrative officer at eGlobalTech, has been named CEO of the Arlington, Virginia-based …

Subscribe to our Newsletter
I will subscribe later