Korea Batch II AEGIS Combat System K2 Baseline

Lockheed Martin Corporation, Rotary and Mission Systems, Moorestown, New Jersey, was awarded a $365,730,330 cost-plus-incentive-fee, cost-plus-fixed fee, and firm-fixed-price contract for new construction DDG AEGIS Weapon System Baseline K2 development and integration in support of the Republic of Korea Navy (RoKN). This contract will provide for combat system installation, staging, and integrated logistics support required for the installation, test, and delivery, of the AEGIS Combat System K2 Baselines for three Korea DDGs. These efforts include program management, system engineering and computer program development, ship integration and testing, technical manuals, and planned maintenance system (PMS) documentation. This contract does not include options.
This contract involves Foreign Military Sales (FMS) to South Korea (100%). Work will be performed in Moorestown, New Jersey (66.0%), Ulsan, South Korea (18.0%), Seoul, South Korea (7.0%), Camden, New Jersey (7.0%), and Washington, District of Columbia (2.0%), and is expected to be completed by July 2026. This contract was not competitively procured. This contract was procured under the authority of 10 U.S.C. (c)(4), International Agreement.. Awarded Vendors: Lockheed Martin Corporation, Rotary and Mission Systems. Contract Award Dollar Amount: $365,730,334.00. Contract Award Date: 2018-10-30.