Lockheed Draws $102M to Update Anti-ICBM Systems

The U.S. Department of Defense granted $102 million to Lockheed Martin Rotary and Mission Systems to develop, field and integrate, and conduct in-service sustainment of current configurations of the Aegis combat system.

The contract is a “cost-plus-incentive-fee” modification to previously awarded contract and is expected to be completed by the end of 2024.

The award is to be drawn from various U.S. Navy budget sources, including “shipbuilding and conversion”, operation and maintenance,” and “research, development, test and evaluation.”

Aegis is a surface combat system comprised of SM-3 surface-to-air ballistic missiles, missile launching mechanisms, computer programs, and radar and displays. The fully integrated combat system is deployed on Ticonderoga-class cruisers and Arleigh Burke-class destroyers, and is capable of detecting, identifying, and engaging incoming threats.