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03:43 AM, October 31, 2018
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Lockheed Martin to Supply Aegis Combat System for 3 South Korean Warships
South Korea navy destroyer Seoae Ryu Seong-ryong during exercises

Lockheed Martin has been awarded a $365,730,330 contract for new-construction DDG Aegis Weapon System Baseline K2 development and integration in support of the Republic of Korea Navy.

This contract will provide for combat system installation, staging and integrated logistics support required for the installation, test and delivery of the Aegis Combat System K2 baselines for three Republic of Korea Navy DDGs, a  US DoD release said.

These efforts include program management, system engineering and computer program development; ship integration and testing; technical manuals and planned maintenance system documentation.

Work will mainly be performed in Moorestown, New Jersey and Ulsan, South Korea and is expected to be completed by July 2026.

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