Japan expands scope of Lockheed work on new Aegis vessel to $1.5 billion

By Jason Sherman / December 3, 2024 at 3:45 PM
Japan's project to defend its territory from ballistic missile attack with a new Aegis-equipped ship is now a $1.5 billion project for Lockheed Martin after the Missile Defense Agency on Tokyo's behalf last week awarded a potential $579 million contract modification to extend development efforts by two years. On Nov. 27, MDA awarded Lockheed Martin Rotary and Mission Systems, Moorestown, NJ, a contract modification that adds to previous awards of $963 million on behalf of the Japan Ministry of Defense...

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