Lockheed Martin Mission Systems and Training has received a $112 million U.S. Navy contract modification for the fiscal 2016 Aegis Modernization program.

The procurement covers the production of multi-mission signal processor equipment sets, ballistic missile defense 4.0.2 equipment, Aegis weapon system modernization upgrade equipment, as well as associated spares to support the fielding of Aegis modernization capabilities to the fleet.

Work will be performed in New Jersey, Florida and New York, and has an expected completion date of November 2018.

Naval Sea Systems Command is the contracting activity.

The Aegis modernization program increases the computing power of equipped ships while providing radar upgrades that improve detection and reaction capabilities against modern threats.

Lockheed Martin gets $490 million Aegis contract modification
Washington (UPI) Aug 15, 2016 - Lockheed Martin Mission Systems and Training has been awarded a $490 million U.S. Navy contract modification for Aegis Weapon System MK-7 work.

The previously awarded contract covers MK-7 ship sets and associated spares, engineering efforts and support equipment, as well as engineering efforts to support production, system testing, shipyard installation and related requirements.

The contract combines purchases for the U.S. Navy, Japan and South Korea under the U.S. Foreign Military Sales program.

It will specifically support the naval forces of those countries and the Navy's Arleigh Burke-class shipbuilding program.

Work will be performed in New Jersey, Florida and New York, with an expected completion date of May 2022.

Naval Sea Systems Command is the contracting activity.