Author: Matthew Nelson|| Date Published: September 3, 2019
Lockheed Martin (NYSE: LMT) will design and build a new version of the Aegis Ballistic Missile Defense system under a potential six-year, $327M contract from the Missile Defense Agency.
The cost-plus-incentive-fee, firm-fixed-price contract will include support for the integration, test and certification of MDA’s Aegis BMD 6.0 technology, the Department of Defense said Friday.
MDA awarded the project via a sole-source acquisition process and will obligate $15M at the time of award.
The weapon system’s next version will incorporate the SPY-6 air and missile radar intended for deployment on the first DDG Flight III guided missile destroyer.
The rotary and mission systems business of Lockheed will carry out work in Moorestown, N.J. through December 2025.
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
