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Missile Defense

Lockheed Martin Wins Another $2.97 Billion Contract To Upgrade Aegis Over Next Decade

Rich Abott By
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Lockheed Martin Wins Another $2.97 Billion Contract To Upgrade Aegis Over Next Decade
The first Arleigh Burke-class Flight III guided-missile destroyer, the future USS Jack H. Lucas (DDG-125) undergoing sea trials. (Photo: HII)

The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] another 10-year contract to maintain and upgrade the Aegis Ballistic Missile Defense (BMD) system in a contract worth up to $2.97 billion. This specifically means the company’s Rotary and Missile Systems (LM RMS) will provide a continuation of the Aegis Ballistic Missile Defense Combat Systems Engineering Agent (CSEA) “in order to maintain operational relevancy in support of the Missile Defense System,” the announcement said. Lockheed Martin has been the Aegis system’s…

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