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Saturday, February 09, 2013

LMT Gets Aegis Contract Modification

Arleigh Burke class destroyerLockheed Martin Corporation was awarded a sole-source-cost-plus-incentive-fee/cost-plus-award-fee contract modification.

The value of this contract modification is $30,226,670, increasing the total contract value from $1,286,203,768 to $1,316,430,438.

Under this modification, the contractor will conduct the installation, test, and checkout of the Aegis Ballistic Missile Defense Baseline 4.0.1 Weapon System aboard three Navy Destroyers.

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