Lockheed Martin [LMT] has received a $405.8 million contract modification to design and build large diameter rocket motors and missile body components to support upcoming Army flight tests for the Intermediate Range Conventional Prompt Strike Weapon program, the Pentagon said Tuesday.

The Navy’s Strategic Systems Programs (SSP) office awarded the deal, which is the maximum amount included in a previously un-priced letter contract, with work expected to be completed on Jan. 1, 2024.

The deal follows an $846 million contract modification Lockheed Martin received in February to build equipment to support Navy flight tests for the hypersonic weapons program (Defense Daily, February 27).  

Lockheed Martin officials said during a recent earnings call the company has over $3.5 billion in current hypersonics work, noting that much of the development efforts will move into the prototype phase through the rest of 2019 ahead of production decisions likely two years away (Defense Daily, July 26). 

A total of $33 million in FY ’19 research, development, test, and evaluation (RDT&E) funds was obligated at award time and will expire at the end of this fiscal year.