Home / Contract Awards / Lockheed Gets $95M Modification on Navy Trident II Missile Production Support Contract

Lockheed Gets $95M Modification on Navy Trident II Missile Production Support Contract

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a one-year, $95.4 million contract modification to continue the production of Trident II D5 ballistic missiles and to support deployed missile systems.

The Defense Department said Wednesday that $90.1 million in obligated contract funds will expire by the end of the current fiscal year.

Lockheed’s space systems unit will perform work in various locations across the U.S. through Feb. 4, 2018.

The award of the modification comes a day after Lockheed received a separate $540.8 million modification to provide missile production and deployed systems support to the Trident II program.

The Navy’s Strategic Systems Programs office is the contracting activity.

Check Also

Northrop Gets Potential $1B Contract Modification to Build AESA Radars for Air Force F-16 Fleet

Northrop Grumman (NYSE: NOC) has secured a potential $1B contract modification that will definitize all three phases of the U.S. Air Force's F-16 radar modernization program.

20 Firms Land Spots on $13.4B Air Force SBEAS IT Services IDIQ

The U.S. Air Force has awarded 20 companies positions on a potential 10-year, $13.4B contract vehicle for information technology support platforms and services.