Lockheed MartinÂ (NYSE: LMT)Â has been awarded a potential $93.4 million contract to design and produce eight inertial navigation subsystems for the U.S. Navyâs Trident II D5Â missiles.
The sole-source contract also covers continued technology refresh development support for Shipboard Systems Integration increment 8 and SSI increment 13, the Defense Department said Friday.
TheÂ Trident II D5Â fleet ballistic missile is designed to be launched fromÂ nuclear-powered submarines such as Ohio- and Vanguard-class submarines, and has logged overÂ 150 test flights since the completion of its design in 1989.
The contract also includes the development of test plans and reports related to gyroscope, INS, simulation and modeling efforts, software and hardware design, tasks related to Multi-Star Enhanced Prelaunch, production activities necessary to achieve initial operational capability for SSS increment 8 and incorporation of the Electrostatically Supported Gyro Navigator-Replacement system with INS.
Lockheed will perform contract work in New York, California, Florida and Massachusetts through Nov. 30, 2017.
The service branchâs Strategic Systems Programs will obligate $42.3 million from the Navyâs fiscal 2016 procurement funds and $2.6 million from U.K. funds at the time of award, according to DoD.