Lockheed Martin (NYSE: LMT) has been awarded a contract from the U.S. Navy for production and deployed system support for the Trident II D5 Fleet Ballistic Missile (FBM) program for fiscal year 2010. The contract's value is not to exceed$851 million.
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Pursuant to the contract, Lockheed Martin will provide D5 missile hardware production support and reentry system hardware. Operations and maintenance support will also be provided by Lockheed Martin to ensure the reliability of missile systems aboard the Navy's Trident II OHIO-class submarines.
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
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