Lockheed awarded $1B Navy missile contract modification

(256Today)

WASHINGTON — With more than one-third of the work targeted for Huntsville, Lockheed Martin Space was awarded a more than $1 billion contract modification by the Navy.

The contract modification with a not-to-exceed amount of $1,002,700,000 under an existing contract, will support program management, engineering development, systems integration, long lead material, and special tooling and equipment in support of missile and launching platform production for Conventional Prompt Strike, the Department of Defense announced.

Along with Huntsville, work will be performed in Denver; Sunnyvale, Calif.; Titusville, Fla.; and other locations.

The work is expected to be completed Aug. 31, 2028.

Recent in Contracts

A counter-drone system being produced in Huntsville is now reaching U.S. Army units, just months after L3Harris Technologies announced a $106 million order for the VAMPIRE system. L3Harris announced on […]

Raytheon has been awarded a missile defense contract worth up to $6.3 billion, with production work planned in Huntsville and Tucson, Arizona. The Department of War announced Thursday that Raytheon, […]