Lockheed Martin gets $204 million Aegis contract modification

Lockheed Martin Mission Systems and Training has received a $204 million contract modification for Aegis missile defense efforts.

The cost-plus-incentive-fee, sole-source modification to the previously awarded contract covers Aegis Ballistic Missile Defense continuation of Baseline 5.1, Increment-2 development, as well as the adaptation of Aegis Ashore efforts.

Completion of these efforts will provide a certified Aegis Ballistic Missile Defense 5.1 baseline.

The contract modification boosts the total cumulative value to $2.4 billion.

Work will be performed in New Jersey and is expected to be completed by September 2018.

The Missile Defense Agency is the contracting activity.

Let's block ads! (Why?)

from Military Space News, Nuclear Weapons, Missile Defense http://ift.tt/2ceEenB
via space News