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Navy/USMC

Lockheed Martin Wins Hundreds Of Millions In Trident II Mods

Monday, October 1st, 2018

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Lockheed Martin Wins Hundreds Of Millions In Trident II Mods

Demonstration and Shakedown Operation (DASO)-28 test launches two Trident II D5 missiles from the USS Nebraska off the coast of southern California. (Photo: U.S. Navy)

Lockheed Martin [LMT] won hundreds of millions in U.S. Navy contract modifications for work on new procurement of Trident II (D5) submarine-launched ballistic missiles (SLBMs) on Sept. 28.The Navy’s Strategic Systems Programs awarded the company a $333 million cost-plus-incentive-fee cost-plus-fixed-fee modification for new procurement of Trident II deployed systems support.The work will largely be split among Cape Canaveral, Fla. (29 percent); Sunnyvale, Calif. (27 percent); Kings Bay, Ga. (14 percent); and Bangor, Wash. It is expected to be finished by…

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