Lockheed Martin Wins $157M Contract for Weapon System from US Navy

  • 12:00 AM, October 1, 2011
  • 3260
Lockheed Martin Mission Systems & Sensors, Moorestown, N.J., is being awarded a $157,582,983 cost-plus-fixed-fee contract for Aegis Weapon System and Aegis Combat System systems, engineering, alteration installation/repair overhaul execution, computer program maintenance, in-country support services, and staging support to fulfill Aegis lifetime support requirements of the Japan Maritime Self Defense Force. The contract includes options, which, if exercised, would bring the total cumulative value of this contract to $228,155,587. This contract option involves Foreign Military Sales to Japan (100 percent). Work will be performed in Moorestown, N.J. (82.9 percent); Baltimore, Md. (3.4 percent); Tokyo, Japan (3.1 percent); Seoul, South Korea (2.5 percent); Kongsberg, Norway (2.3 percent); Washington, D.C. (1.3 percent); Nagasaki, Japan (1.1 percent); Yokohama, Japan (1.1 percent); Pusan, South Korea (0.8 percent); Maizuru, Japan (0.5 percent); Sasebo, Japan (0.5 percent); and Yokosuka, Japan (0.5 percent), and is expected to be completed by January 2016. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.