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Lockheed Martin Wins Trident II Shipboard System Integration Work

DDN

Thursday, August 12th, 2010

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Lockheed Martin [LMT] recently beat out General Dynamics [GD] for an $11.8 million cost-plus-incentive-fee, cost-plus- fixed-fee contract to provide Trident II (D-5) strategic systems programs shipboard systems integration, according to the Pentagon. Under the terms of the contract, Lockheed Martin will provide; strategic weapon system navigation subsystems; systems design and development; and electrostatically supported gyro navigator refresh, according to the contract announcement. The contract contains options which, if exercised, will bring the total contract value to $230 million

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