Lockheed to Build More Submarine-Launched Missiles Under $601M Navy Contract Modification

Lockheed Martin‘s (NYSE: LMT) space business segment has secured a $1.2 billion contract modification to manufacture submarine-launched ballistic missiles for the U.S. Navy and a foreign military sales customer. The modification covers the production of Trident II D5 ballistic missiles and the provision of deployed systems support services for the U.S. and U.K. navies, the

Cambridge, Massachusetts-based Draper has received a potential five-year, $2.2 billion contract from the U.S. Navy to provide engineering and technical support services for the maintenance and sustainment of the Mark 6 guidance subsystem of the submarine-launched Trident II ballistic missile. The sole-source, cost-plus-fixed-fee contract includes support for research and development work associated with strategic guidance,

Lockheed Martin’s (NYSE: LMT) space business has received a potential $474.2 million contract modification to manufacture submarine-launched fleet ballistic missiles for the U.S. Navy. The award exercised options under an existing contract for the production of Trident II D5 missiles and delivery of related deployed systems services and supports a foreign military sales agreement with