March 12, 2023
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $214.5 million contract to conduct initial engineering efforts for international partner vessels equipped with the Aegis combat system.
Lockheed’s rotary and mission systems business will help foreign military sales customers assess ship modernization plans and select new weapon capabilities as part of the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Friday.
Canada is among the FMS clients and will obligate $28.1 million on the first task order.
More News & Insights
Member News, Gregory S. Nixon
This week, Tuskegee University announced that alumnus and BENS Board member Gregory S. Nixon will receive the Inaugural Booker T. Washington Award in Philanthropy. Recipients of this award are recognized for their…
Member News, Bruce Moseler
BENS Board member Bruce Moseler appeared on Fox News’ ‘Varney & Co.’ where he discussed the impact remote work has had on the evaluation of office buildings. He explained how the market…