Lockheed Martin was awarded a $101.51M cost-plus-incentive-fee and cost-plus-fixed-fee contract for AEGIS development and test sites operation and maintenance. This contract contains options which, if exercised, would bring the cumulative value of this contract to $462.44M. Work will be performed in Moorestown, New Jersey and is expected to be completed by January 2028. This contract was not competitively procured in accordance with 10 U.S. Code 3204. Naval Sea Systems Command is the contracting activity.
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