Definitive Contract N0002420C5101

This is a $342,857,308.68 fixed-price incentive and firm-fixed-price contract awarded by the U.S. Marine Corps to Lockheed Martin Corporation's Rotary and Mission Systems division. The contract is for the production of AEGIS Modernization, DDG New Construction, and Frigate New Construction requirements, with work to be performed at Lockheed Martin's facilities in Moorestown, New Jersey and Clearwater, Florida. The contract does not utilize any set-aside designations. As a leading global defense contractor, Lockheed Martin has extensive experience in providing advanced electronic systems, weapons, and platforms to the U.S. military. This contract supports the Marine Corps' ongoing AEGIS shipbuilding and modernization efforts, which are critical to naval warfare capabilities.