Lockheed Martin Corp. of Moorestown, New Jersey, was awarded May 7 a “sole-source, hybrid, cost-plus-fixed-fee, and cost-plus-incentive-fee contract modification under the Aegis Ballistic Missile Defense Weapon Systems contract.”
The total value of the contract modification is $407.16 million, which takes the contract higher than $1.9 billion, and the modification was awarded by the Missile Defense Agency, according to a May 8 release from the U.S. Department of War.
The work will be performed in Moorestown, New Jersey and Guam, with a period of performance from the time of the award through December 2029. The award will continue engineering, development and certification for Integrated Air and Missile Defense capabilities into the Aegis BMD Weapon Systems design for the Aegis Guam System.
Lockheed Martin is the world’s largest defense contractor, and its primary customer is the U.S. government, according to Stanford University’s study of U.S. defense manufacturers. Lockheed Martin is also the largest military aircraft manufacturer in the world.
Its four principal business sectors are Systems Integration (including data processing subsystems and electronic warfare), Aeronautics (combat and transport aircraft), Space Systems (communication satellites and launch vehicles), and Technology Services (management and logistic services).
According to Lockheed Martin, the Aegis Guam System and the U.S. Army’s Integrated Air and Missile Battle Command System (developed by Northrop Grumman) will work together to defend against simultaneous cruise, ballistic, maneuvering and hypersonic attacks. According to Journal files, the Joint Venture of Core Tech International, Hawaiian Dredging Construction Co. and Kajima LLC was awarded July 3 last year a $295.1 million contract for the construction of a defense system command center in Guam, which at the time was expected to be completed by March 2029. mbj
