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Aegis Gains $78.6 Million Aegis Upgrades Contract

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The Navy gave Lockheed Martin Corp. [LMT] a $78.6 million contract to produce upgrades for the Aegis shipboard weapons control system, the company announced. Lockheed is to produce the next evolution of hardware that will be incorporated into the Aegis Modernization and Aegis Ballistic Missile Defense (BMD) programs. The contract to upgrade the Aegis Weapon System includes two BMD 4.0.1 Combat System equipment sets, three Weapon System Modernization Upgrade equipment sets and one Multi- Mission Signal Processor (MMSP) equipment set.…

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