Nasdaq:
Lockheed Martin Corp ‘s LMT Rotary and Mission Systems (RMS) business division recently secured a $28.9-million modification contract for the integration and delivery of AEGIS Baseline 9 Combat System. The contract has been awarded by the Naval Sea Systems Command, Washington, DC.
Per the terms, Lockheed Martin will provide technological upgrades, capability development and improvements, target recognition development, and radar engineering services. Work related to the deal will be executed in Moorestown, NJ, and is expected to get completed by July 2019.
