Lockheed wins $18.2M Aegis contract mod

Lockheed Martin Corp. won a one-year, $18.2 million modification on Monday of a Navy contract for work on the Aegis Combat System.

The company will conduct cruiser and destroyer modernization testing efforts.

Aegis, which means shield in Greek, is a command and control system that uses computers and radars and other systems to track and guide defensive and offensive weapons.

Lockheed’s work will be spread across multiple locations such as Bath, Maine, Pascagoula, Miss., Washington, San Diego, Norfolk, Va., Pearl Harbor, Port Hueneme, Calif., and Syracuse, N.Y. But most of the work – some 40 percent – will be performed at Moorestown, N.J.

Work should be completed by August 2014. Funds for the work are being drawn from a variety of accounts including fiscal 2012 shipbuilding and conversion, Navy fiscal 2012 operations and maintenance, left over procurement funds from 2011 and 2012 and research and development funds from 2013.

More than half of the funds -- $11.5 million – will expire by the end of fiscal 2013 on Sept. 30.

The Naval Sea Systems Command is the contracting activity. Lockheed’s contract number is N00024-03-C-5115.