Lockheed Martin Secures $66.6 Million Contract for Aegis Weapon System Integration
Amsterdam, Saturday, 21 September 2024.
Lockheed Martin has been awarded a $66.6 million contract for the integration and testing of the Aegis Weapon System on naval ships. The work, spanning multiple U.S. locations, is set to complete by September 2025, showcasing the ongoing modernization of naval defense capabilities.
Contract Details and Scope
The contract, officially designated as N00024-15-C-5151, includes a cost-plus-incentive-fee, cost-plus-award-fee, and cost-only options. The funding sources are diverse, with contributions from various fiscal years and Navy funds, including shipbuilding and conversion, operations and maintenance, and other procurement categories. The total obligated funds amount to $66,633,889, with significant portions allocated from FY 2021 and FY 2016 shipbuilding and conversion funds.
Geographical Distribution of Work
The integration and testing work will be distributed across multiple key locations in the United States. The primary site is Moorestown, New Jersey, which will handle 44% of the project. Other significant sites include San Diego, California (19%), Norfolk, Virginia (18%), Bath, Maine (10%), and Pascagoula, Mississippi (9%). This geographical spread highlights the collaborative effort required to achieve the project’s objectives.
Project Timeline and Objectives
Scheduled for completion by September 2025, the project’s primary goal is to enhance the capabilities of the Aegis Weapon System—a state-of-the-art naval defense solution. The system is designed to provide advanced missile defense, and its integration on naval ships will significantly bolster the U.S. Navy’s operational readiness and defensive capabilities.
Significance of the Aegis Weapon System
The Aegis Weapon System is a cornerstone of modern naval defense, known for its ability to track and intercept multiple targets, including ballistic missiles. This integration project underscores Lockheed Martin’s role in advancing naval technology and ensuring that the U.S. Navy remains equipped with cutting-edge defense systems.
Future Implications
Upon completion, the integrated Aegis systems will enhance the fleet’s defensive and offensive capabilities, providing a robust shield against emerging threats. This contract is part of broader efforts to modernize and upgrade the Navy’s fleet, ensuring that it remains capable of addressing contemporary security challenges.