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Record Date: April 23, 2024

Advanced Naval Warfare: Lockheed Martin’s $102M Contract for AEGIS Combat System Advancements

Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $102,064,704 cost-plus-incentive-fee modification to previously-awarded contract N00024-23-C-5123 for capability package development and fielding, system integration and fielding, and in-service sustainment in support of current configurations of the AEGIS combat system. Work will be performed in Moorestown, New Jersey, and is expected to be completed by Dec. 31, 2024. Fiscal 2024 research, development, test and evaluation (Navy) funds in the amount of $24,803,348 (71%); fiscal 2020 shipbuilding and conversion (Navy) funds in the amount of $6,183,214 (18%); fiscal 2024 operation and maintenance (Navy) funds in the amount of $2,029,852 (6%); fiscal 2023 research, development, test and evaluation (Navy) funds in the amount of $999,114 (3%); fiscal 2017 shipbuilding and conversion (Navy) funds in the amount of $394,513 (1%); and fiscal 2019 shipbuilding and conversion (Navy) funds in the amount of $9,546 (1%) will be obligated at time of award, and funds in the amount of $3,028,966 will expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

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