Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service™s aerial launch control system.
The military branch awarded an $80.7 million contract to Lockheed™s space systems business and another $76.2 million contract to Rockwell Collins under the Airborne Launch Control System Replacement program, the Defense Department said Tuesday.
The ALCS-R program seeks to support the Minuteman III intercontinental ballistic missile system through 2036 and meet aerial fire control requirements for the service™s land-based strategic deterrent weapon technology through 2075.
The Air Force Nuclear Weapons Center received five proposals for the contracts and will obligate $13.4 million to Lockheed and $7.5 million to Rockwell Collins from research, development, test and evaluation funds for fiscal years 2017 and 2018 at the time of award.
Work will occur in Colorado and Texas through Oct. 2, 2020.
