Lockheed Martin’s space business has received two contract modifications to provide deployed system support and manufacturing services for the U.S. Navy’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 modification’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.