LMT News & Events

Lockheed Martin was awarded a sole-source, hybrid, cost-plus-fixed-fee, and cost-plus-incentive-fee contract modification under Aegis Ballistic Missile Defense Weapon Systems contract. The total value of this contract modification is $407.16M. The work will be performed in Moorestown, New Jersey; and Guam, with period of performance from time of award through December 2029. The effort continues engineering, development and certification for Integrated Air and Missile Defense capabilities into the Aegis BMD Weapon Systems design for Aegis Guam System. Obligations in the amount of $76.16M using fiscal 2026 research, development, test and evaluation funds; and $2.6M using fiscal 2026 procurement funds, will occur at the time of award. The value of the contract increases from $1.53B by $407.17M to $1.94B. The Missile Defense Agency is the contracting activity.

Lockheed Martin has been selected by U.S. Space Force Space Systems Command to develop capabilities supporting the Space-Based Interceptor program. This work will accelerate development, testing and integration of SBI capabilities, delivering an early engagement layer that expands coverage, enhances survivability and strengthens deterrence against emerging missile threats. "Lockheed Martin is already making next generation integrated air and missile defense a reality with our proven capabilities and the expertise across our entire network," said Robert Lightfoot, Lockheed Martin Space president. "We're investing in technology and infrastructure, while bringing together the strength of the full industrial base, to deliver advanced capabilities like SBI faster and are committed to delivering an integrated demonstration by 2028."