Lockheed wins $54.7M AEGIS modernization contract
- By Zach Noble
- May 07, 2014
Lockheed Martin, Maritime Systems and Sensors, has won a $54.7 million modification to an AEGIS modernization contract.
The modification supports the Aegis Platform Systems Engineering Agent (PSEA) activities and Aegis Modernization Advanced Capability Build engineering. The PSEA manages in-service combat systems configurations as well as the integration of new or upgraded capability into CG57 Class and DDG 51 Class ships.
Funding in the full amount of $54.7 million was obligated at the time of the award, with $7 million expiring at the end of the current fiscal year.
Work is expected to be completed by September 2015.
Zach Noble is an editorial fellow for Washington Technology. You can contact him at email@example.com.