
The Defense Department awarded Lockheed Martin [LMT] $60 million in two contracts for Aegis ballistic missile defense contract modifications. A Sept. 1 modification valued at $8 million provides for scope supporting Aegis ballistic missile defense (BMD), including additional Aegis BMD modeling and simulation and Aegis BMD 5.1.1 capability insertions. This mod increases the total contract ceiling from $3.29 billion to $3.301 billion and is managed by the Missile Defense Agency. The contract notice said the contract ceiling is raising for…