Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

Navy Exercises $102M Option on Lockheed Aegis Combat System Support Contract

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $102.5 million contract modification for technical support services to the service branch’s Aegis Combat System Engineering Agent effort.

Lockheed’s rotary and mission systems business will design, develop, integrate, test and deliver computer program baseline advanced capability builds, as well as technology insertion hardware for the Aegis Combat System, the Defense Department said Tuesday.

The modification exercises an option for the company to extend support work on the next or future ACBs.

Ninety percent of work will take place in Moorestown, New Jersey, and the remaining six percent in Virginia.

The Naval Sea Systems Command obligated fiscal 2018 research, development, test and evaluation funds amounting to $4.7 million at the time of award.

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles