Lockheed Martin wins $365m contract from US Navy

Lockheed Martin wins $365m contract from US Navy

Lockheed Martin, Rotary and Mission Systems has received a contract, worth $366 million, from the US Navy to develop and integrate Baseline K2 Aegis weapon systems for the Republic of Korea Navy.

The company 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 guided missile destroyers (DDG).

The Aegis Combat System has carried out more than 3,800 missile launches at sea and supported deployments ranging from six to 10 months. The system can engage in simultaneous attacks from air, ballistic missile and surface threats.

To detect threats, the Aegis uses an SPY-1multifunctional phase radar, with four antennas to cover a 360-degree area.

The Aegis Combat System also protects naval ships in Australia, Japan, Norway, Spain and the United States, but the South Korean ships are the largest destroyers to carry the Aegis Combat System.

The Navy will obligate $112 million at the time of the award, and that amount will not expire at the end of the current fiscal year.

The work is expected to be completed by July 2026 and will be performed in New Jersey, Washington, D.C., and South Korea.

Source: www.defenceandtechnology.com
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