Lockheed Martin Bags $102 Million Contract for AEGIS Combat System

Lockheed Martin Rotary and Mission Systems has been awarded a substantial contract modification worth approximately $102.06 million. The contract, which modifies an existing agreement (N00024-23-C-5123), encompasses a range of services related to the AEGIS combat system. These services include capability package development and fielding, system integration and fielding, and in-service sustainment for existing system configurations. The work will be primarily carried out in Moorestown, New Jersey, and is anticipated to be completed by December 31, 2024. The Naval Sea Systems Command in Washington, D.C., is responsible for overseeing the project. This contract modification underscores Lockheed Martin’s expertise in developing and maintaining advanced combat systems, contributing to the modernization and operational readiness of naval forces.

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