Lockheed Martin has been awarded a USD 383 million cost-plus-incentive-fee and cost-plus-fixed-fee contract modification by the U.S. Navy. This funding supports the development of the next generation of the Trident II Strategic Weapons System (SWS) D5 missile, ensuring the continuation of the nation's sea-based strategic deterrence.

U.S. Navy awards Lockheed Martin USD 383 million contract for Trident II missile upgrade

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Lockheed Martin has been awarded a USD 383 million cost-plus-incentive-fee and cost-plus-fixed-fee contract modification by the U.S. Navy.