The Navy awarded Lockheed Martin a $419 million modification to a previously unpriced letter contract for new procurement of Trident II (D5) missile production, life extension production, and deployed systems support. The maximum value of the modification, including all options if exercised, could reach $1.1 billion. The work, including options, is expected to be finished by September 2022. This contract covers the U.S. Navy as well as the United Kingdom.
The Navy also awarded Lockheed Martin a $55.7 million contract to provide the U.S. and UK with D5 strategic weapon navigation subsystem technical engineering support services. Total contract value, including all options, could reach $105.6 million. Work is expected to be finished by August 2018, or August 2020 if all options are exercised.
