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Business/Financial

Lockheed Martin Gains $40.4 Million Contract Change For Aegis Work On Japanese Ship

DDN

Tuesday, January 15th, 2008

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The Missile Defense Agency gave Lockheed Martin [LMT] a $40.4 million contract change to provide ballistic missile defense (BMD) capability to a Japanese Aegis-equipped destroyer, the JS Myoko, the company said yesterday. This would be the third of four Japanese Maritime Self Defense Force destroyers to receive the upgrade. The JS Kongo already has been equipped with the Aegis BMD Weapon System, which detects, identifies and guides an interceptor to eliminate an enemy missile. The Kongo last month used the…

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