Lockheed Martin was awarded a $328.53M cost-plus-incentive-fee and cost-plus-fixed-fee contract for the U.S. and United Kingdom to provide Strategic Weapon System Trident Fleet support, Trident II Shipboard Integration Increment 8, and navigation subsystem development efforts. This contract award also benefits a foreign military sale to the United Kingdom. Work is expected to be completed by September 30, 2026. FY23 operation and maintenance funds in the amount of $13.18M; and FY23 shipbuilding and conversion funds in the amount of $17.39M will be obligated at time of award. FY23 operation and maintenance funds in the amount of $13.18M will expire at the end of the current fiscal year. This contract is being awarded as a sole-source pursuant to 10 U.S. Code 3204 and. Strategic Systems Programs is the contracting activity.
Published first on TheFly
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