Lockheed Martin secures $1.36 billion Navy contract with work in Courtland

(Lockheed Martin contributed)

Lockheed Martin Space has been awarded a $1.36 billion contract modification from the U.S. Navy for work supporting the Conventional Prompt Strike program, with a portion of the work to be performed in Courtland.

The contract supports the Conventional Prompt Strike program, a hypersonic boost-glide missile effort designed to deliver long-range strike capability with significantly reduced flight times and improved ability to evade enemy defenses.

The modification, issued under an existing contract, includes program management, engineering development, systems integration, long-lead material, testing and specialized tooling and equipment tied to missile and launch platform production.

Work will be performed across multiple locations, including Denver, Colorado; Sunnyvale, California; Magna, Utah; and Courtland, Alabama. Additional work will take place in several other states.

The contract includes both cost-plus-incentive-fee and cost-plus-fixed-fee components and is expected to be completed by Sept. 30, 2032.

Funding for the award includes a mix of Army and Navy procurement, research, development, test and evaluation, and operations and maintenance funds across fiscal years 2025 and 2026. A portion of the funding will expire at the end of the current fiscal year.

The award was issued as a sole-source acquisition, with Strategic Systems Programs serving as the contracting activity.

Lockheed Martin maintains a significant presence in Courtland, where the company supports multiple missile defense and military programs. The site is part of the company’s broader North Alabama footprint, which includes manufacturing, integration and testing capabilities tied to national defense initiatives.

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