The U.S. Navy continues to invest in its destroyer and cruiser fleets, awarding $265.4 million in contracts and contract modifications for Aegis-related work on older vessels as well as long-lead and weapons-systems work for the newer DDG-1000 ships.
Lockheed Martin Mission Systems & Sensors received a $118.6 million fixed-price-incentive contract July 29 for the production of two multi-mission signal processor (MMSP) equipment sets, three ballistic missile defense (BMD) 4.0.1 equipment sets and five Aegis Weapon System upgraded equipment sets to support fielding Aegis modernization work for the fleet.
The BMD mission has become one of the most important for the Navy, driving the service’s fleet-building decisions to secure more BMD-equipped Aegis ship systems and vessels, such as the DDG-51 Arleigh Burke-class destroyers.
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