Wire: Lockheed Martin Wins $78.6 Million Navy Contract
Focus on Defense:
WASHINGTON, Feb. 11, 2009 -- The Washington Business Journal today reported that Lockheed Martin Corp. won a $78.6 million contract to produce upgrades for the Aegis naval defense system, which can detect, track and engage targets ranging from sea-skimming cruise missiles to ballistic missiles in space.
The contract will help move toward full combat system modernization on all of the Navy’s Aegis destroyers, according to the Bethesda-based defense giant (NYSE: LMT).The 89 Aegis-equipped ships in service around the world have launched more than 3,500 missiles in tests and real-world operations.
The upgrade equipment sets include new tactical computing equipment, upgraded consoles and displays, a secure voice communication system and associated peripheral equipment.
“The modernization equipment sets and the Multi-Mission Signal Processor are all part of the continuing evolution of Aegis that will lead to the merger of Aegis Open Architecture and Aegis [Ballistic Missile Defense] in 2012,” said Orlando Carvalho, vice president and general manager for Lockheed Martin’s surface/sea-based missile defense systems line of business, in a statement.
(Report from commercial media sources.)
Related: Lockheed Martin wins $78.6M Navy contract
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