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Lockheed Martin awarded $2.97B Missile Defense Agency contract
Lockheed Martin awarded $2.97B Missile Defense Agency contract

Business Insider

time2 days ago

  • Business
  • Business Insider

Lockheed Martin awarded $2.97B Missile Defense Agency contract

Lockheed Martin (LMT) was awarded a sole-source, 10-year indefinite-delivery/indefinite-quantity contract with a ceiling of $2,97B. Under this follow-on contract, LM RMS will provide continuation of the Aegis Ballistic Missile Defense Combat Systems Engineering Agent in order to maintain operational relevancy in support of the Missile Defense System. The Aegis BMD CSEA is the responsible Aegis BMD Weapon System design, development, integration, sustainment, and computer program source for Aegis cruisers, guided-missile destroyers, Aegis ashore variants, Aegis Guam System, and Glide Phase Intercept. LM RMS will provide execution of future studies, concepts, and computer program development to achieve capability improvements across all phases of the fire control loop (plan, detect, control, engage, and assess) in accordance with government provided interface requirements that can be delivered to the CSEA or other government designated agents for integration into the Common Source Library, and/or Integrated Combat Systems software architecture The anticipated period of performance is July 2025 to June 2035. Research, development, test and evaluation; defense wide procurement; and operations and maintenance funds, will be utilized to execute the proposed scope. The work will be performed in Moorestown, New Jersey. The Missile Defense Agency is the contracting activity. Don't Miss TipRanks' Half-Year Sale

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