
Lockheed Martin (NYSE: LMT) has secured a potential five-year, $1.22B contract modification to produce Trident II D5 missiles and support deployed systems for the U.S. and U.K. navies. The modification has a base value of $494.9M and will reach its potential maximum dollar value if all options are exercised, the Department of Defense said Monday...
A Vigor Industrial subsidiary has won a potential two-year, $303.7M contract to modernize two Ticonderoga-class cruiser ships for the U.S. Navy. Vigor Marine will update, maintain and repair USS Chosin and USS Cape St. George systems under the firm-fixed-price contract, the Department of Defense said Friday....