US Aegis Ballistic Missile Cost Reaches $2.4 Billion With New Contract To Lockheed Martin

  • Our Bureau
  • 12:17 PM, September 2, 2016
  • 2399
US Aegis Ballistic Missile Cost Reaches $2.4 Billion With New Contract To Lockheed Martin
Aegis missile defense system

Lockheed Martin has received a two-year, $204.3 million contract modification from the Missile Defense Agency to continue to provide support services for baseline 5.1 of the Aegis Ballistic Missile Defense system under increment 2 development phase.

The modification brings the total contract value to $2.4 billion and also covers adaptation support for the Aegis Ashore program, the US Defense Department said Wednesday.

Under baseline 5.1, the Aegis BMD system will incorporate the SM-3 Block IIA missile into the combat platform and will include updates to data links designed to facilitate remote tracking data engagements and counter threats at long ranges.

MDA plans to field such functions in 2018.

The Aegis Weapon System is a command-and-control platform that uses the AN/SPY-1 radar that works to detect and track missile threats and incorporates computer system updates through technology insertion and advanced capability build processes for cruisers and destroyer ships under the Aegis Modernization program.

Lockheed’s missions systems and training business will perform work at its Moorestown, New Jersey-based facility through Sept. 30, 2018.

MDA will obligate $61 million from research, development, test and evaluation funds for fiscal 2016 at the time of award, according to DoD.

Also Read

Lockheed Martin Wins $490 Million Aegis Contract

August 16, 2016 @ 08:41 AM

Lockheed Martin To Install Aegis Ashore Equipment In Poland

August 11, 2016 @ 11:19 AM

Lockheed Martin Wins AEGIS Weapon System Ship Integration Contract

July 28, 2016 @ 08:49 AM

Lockheed Martin to Supply Aegis Combat System for 3 South Korean Warships

October 31, 2018 @ 03:43 AM

US Aegis Battle System Intercepts Ballistic Missile

February 7, 2017 @ 08:52 AM

Lockheed Martin Wins $77 Million US Navy Aegis Combat System Design, Development

November 19, 2016 @ 02:47 AM

Lockheed Martin Wins $39.5 Million For Two Jordanian F-16 Combat Training Centers

September 8, 2016 @ 11:33 AM

Lockheed Martin Wins $132 Million To Provide Two KC-130J Tanker Aircraft To...

September 8, 2016 @ 10:54 AM