Lockheed awarded $102.5M for support of Navy's AEGIS system

Lockheed Martin has been awarded a modified contract by the U.S. Navy to exercise an option for the AEGIS Combat System Engineering Agent.

The $102.5 million contract, announced Tuesday by Department of Defense, comes under a cost-plus-incentive-fee, which is a cost-reimbursement contract that could provide Lockheed Martin with additional funds based on an initial negotiated fee that can be adjusted later if needed.

The AEGIS Combat System Engineering Agent, commonly installed on U.S. destroyers, is a centralized, automated, command-and-control weapon system used to rapidly detect and track more than 100 targets at once.

Specifically, the contract calls for the "design, development, integration, test, and delivery of computer program baselines and associated technology insertion hardware design" to support the AEGIS system and its future phases.

Work on the contract will occur in New Jersey and Virginia, and is expected to be completed by December 2018.

The Navy has obligated more than $4.7 million to Lockheed at the time of award, allocated from the branch's fiscal 2018 research, development, test and evaluation funds. The funds will not expire at the end of the current fiscal year.

Last week, Lockheed was also awarded a $135.8 million contract by the Navy for AEGIS weapon system new construction in support of Japan's Maritime Self Defense Force.

US sanctions two N.Koreans over ballistic missile program
Washington (AFP) Dec 26, 2017
The United States sanctioned two North Korean officials on Tuesday over the development of ballistic missiles, as Russia and America's top diplomats held talks on Pyongyang's nuclear program. Tensions have escalated after the isolated but nuclear-armed regime staged a series of atomic and intercontinental ballistic missile (ICBM) tests, most recently on November 28. US President Donald Trump ... read more

Related Links
Learn about missile defense at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com
All about missiles at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Oncecredit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthlypaypal only

Let's block ads! (Why?)

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