https://sputnikglobe.com/20230218/lockheed-martin-wins-11bln-deal-to-manage-engineer-navy-missile-systems-1107572644.html
Lockheed Martin Wins $1.1Bln Deal to Manage, Engineer Navy Missile Systems
Lockheed Martin Wins $1.1Bln Deal to Manage, Engineer Navy Missile Systems
Sputnik International
Lockheed Martin has won a more than $1.1 billion US Navy modification contract for missile engineering development and systems integration, the Department of Defense announced in a press release.
2023-02-18T11:10+0000
2023-02-18T11:10+0000
2023-02-18T11:10+0000
military
lockheed martin
https://cdn1.img.sputnikglobe.com/img/107916/46/1079164651_0:1097:1800:2110_1920x0_80_0_0_c79d7f08bf24089fecda4eb5b1168c03.jpg
The contract has options, which if exercised, would increase the value of the contract to $2,222,102,186, the Defense Department noted. Most of the work on the contract will be performed in Denver, Colorado (46.0%), Sunnyvale, California (22.8%) and Magna, Utah (12.5%) over the next four and a half years and is expected to be completed on September 30, 2027, the Defense Department said.
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2023
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
military, lockheed martin
military, lockheed martin
Lockheed Martin Wins $1.1Bln Deal to Manage, Engineer Navy Missile Systems
WASHINGTON (Sputnik) - Lockheed Martin has won a more than $1.1 billion US Navy modification contract for missile engineering development and systems integration, the Department of Defense announced in a press release.
"Lockheed Martin Space of Littleton, Colorado was awarded a $1,178,513,393 ...contract modification ...to provide program management, engineering development [and] systems integration ...in support of missile production," the release said on Friday.
The contract has options, which if exercised, would increase the value of the contract to $2,222,102,186, the Defense Department noted.
Most of the work on the contract will be performed in Denver, Colorado (46.0%), Sunnyvale, California (22.8%) and Magna, Utah (12.5%) over the next four and a half years and is expected to be completed on September 30, 2027, the Defense Department said.
