Navy awards Lockheed Martin contract modification worth up to $1.2 billion for Trident missile

By Mallory Shelbourne / October 1, 2019 at 1:20 PM
The Navy yesterday announced a contract modification to Lockheed Martin worth up to $1.2 billion for production of submarine-launched ballistic missiles for the United States and United Kingdom. According to the contract notice, the modification is for both "missile production and deployed systems support." The initial award is for $494.9 million, and the Navy anticipates Lockheed finishing the work at the end of September 2024. The service is committing $38.3 million in fiscal year 2019 weapons procurement funding, while the...

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