Lockheed Martin Receives $72.2 Million for AEGIS Processing System Technology Refresh
United States, Sept. 28 -- Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $72,219,389 fixed-price, incentive-fee undefinitized contract action under previously awarded Basic Ordering Agreement N00024-21-G-5102 for AEGIS Linear Processing System technology refresh for Navy guided-missile destroyers.Work will be performed in Moorestown, New Jersey (95%); and Clearwater, Florida (5%), and is expected to be completed by March 2030. Fiscal 2026 other procurement (Navy) funds in the amount of $36,109,694 will be obligated at time of award and will not expire at the end of the current fiscal year.This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1) (only one responsible source an...
To read the full article or to get the complete feed from this publication, please
Contact Us.