Lockheed Martin Rotary and Mission Systems Awarded $724 Million Modification for Japan Aegis Foreign Military Sales Case
United States, Sept. 29 -- Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is being awarded a $723,997,537 noncompetitive firm-fixed-price, cost-plus-incentive-fee, and cost-plus-fixed-fee contract modification under a Foreign Military Sales (FMS) case to the Japanese Ministry of Defense.The total value of the contract is increased from $1,639,544,622 to $2,363,542,159. Under this contract modification, the contractor will perform requirements of the FMS case including delivery of Aegis System equipped vessel (ASEV) #1 and ASEV #2 AEGIS Combat System to Japan.The work will be performed in Moorestown, New Jersey and Japan. The performance period is from Sept. 29, 2026, through March 31, 2030. FMS funds in the amount of $2...
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