Lockheed Martin Gets $600 Million Trident II Contract

By Thomas Duffy / November 24, 1999 at 5:00 AM
The Navy announced yesterday it has awarded Lockheed Martin a $589.7 million contract for production of the Trident II D-5 missile. The contract, paid for with fiscal year 2000 dollars, covers production of the missiles, deployed system support, and related service efforts. The D-5 missile production and deployed system support are contracted on a cost-plus-incentive-fee basis, according to the Navy statement. The related services efforts are contracted under a cost-plus-fixed-fee basis. Work will be performed primarily at Lockheed's Sunnyvale, CA,...

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