Lockheed Martinâ€™s space business has received two contract modifications to provide deployed system support and manufacturing services for the U.S. Navyâ€™s Trident II D5 missiles.
The modifications tasked Lockheed to perform missile support work through Sept. 30, 2023 and are worth $49.1M and $41.3M, the Defense Department said Friday.
The Navy will obligate $31.3M from fiscal 2019 weapons procurement funds and $17.8M in FY 2019 research, development, test and evaluation funds at the time of the first modificationâ€™s award.
The service will also obligate $11.5M from fiscal 2019 RDT&E funds and $29.8M in FY 2019 weapons procurement funds at the time of the second modification’s award.
Lockheed secured a $22.3M unpriced letter contract from the Navy in August to deliver long-lead materials and support services for the Trident II missile.
The defense firm also received a $1.12B contract modification in October 2017 to produce Trident II D2 missiles and provide support for deployed systems.
Work on the two cost-plus-fixed-fee and cost-plus-incentive-fee modifications will take place in various locations within and outside the U.S.