Lockheed Wins $138M Defense Work
- Lockheed Martin received four Pentagon awards totaling about $138 million, covering F-35 support, submarine systems, and THAAD missile-defense modernization. - The biggest piece is a $70 million Navy contract to keep integrating F-35 aircraft into Romania’s military through November 2028. - The awards extend Lockheed work from Virginia to Alabama and California, with completion dates running from March 2027 to June 2031 (al.com).
Lockheed Martin picked up four Pentagon awards worth about $138 million, spanning F-35 support, submarine electronics, and Terminal High Altitude Area Defense modernization. (al.com) (finance.yahoo.com) The largest award, about $70 million from the Navy, funds continued integration of F-35 aircraft into Romania’s military, including program management, logistics, sustainment, and systems engineering. The Pentagon notice said the work will run through November 2028 at undisclosed locations inside and outside the continental United States. (finance.yahoo.com) A second Navy award, nearly $37 million, covers engineering and technical support for the Integrated Submarine Imaging System in Manassas, Virginia. That work is scheduled to finish in March 2027. (finance.yahoo.com) The Navy also awarded roughly $20 million for 180 spare high-frequency chin array acoustic modules used on Block IV Virginia-class submarines. The parts will be produced in Hingham, Massachusetts, Oldsmar, Florida, Liverpool, New York, and Manassas, with completion expected in June 2031. (finance.yahoo.com) The fourth contract, just under $10 million, comes from the Missile Defense Agency for equipment, labor, and materials to modernize the THAAD system, a missile shield designed to intercept ballistic missiles in their final flight phase. The work is set for Dallas; Sunnyvale, California; Troy and Huntsville, Alabama; and Camden, Arkansas, through Jan. 31, 2029. (camdenarknews.com) (finance.yahoo.com) The THAAD award lands less than three months after Lockheed said it had won a Missile Defense Agency contract with a ceiling of $2.8 billion to continue developing the weapon system’s capabilities. Lockheed said that broader contract could run as long as 10 years if options are exercised. (news.lockheedmartin.com) Lockheed also said in January that it had signed a framework agreement with the U.S. government to raise THAAD interceptor production capacity from 96 to 400 per year. That expansion points to a wider push to increase missile-defense output alongside smaller modernization awards like this week’s. (lockheedmartin.com) Taken together, the four awards show Lockheed’s defense work arriving in smaller increments across aircraft, submarines, and missile defense, with completion dates stretching from 2027 into 2031. (al.com)
