Lockheed Martin Wins Australian Navy Contract

Lockheed Martin Corp.’s Mission (nee Maritime) Systems & Sensors unit in Moorestown, NJ has received a $197.5 million contract to continue its work for the Australian Air Warfare Destroyer

The contract was awarded by the Naval Sea Systems Command in Washington, D.C., under the
Foreign Military Sales program, and announced by the Defense Department.

The Australian Air Warfare Destroyer program is meant to replace the Australian Navy’s frigates
with at least three air warfare destroyers. The Aegis Combat System, which is MS2’s baby, will
be the air defense system on the destroyers.

A previous contract covered all the work MS2 had to do to develop an Aegis system for the
destroyers through the critical design review phase. The one announced last week covers all the
work required to finish developing the Aegis Combat System for the first ship being built under
the Air Warfare Destroyer Program.

The contract contains options that could boost its value to a little more than $211.4 million. MS2 will perform 86 percent of the work at Moorestown and the rest in Adelaide, Australia. The Navy expects work on the contract to be completed by December 2014.

Source: Philadelphia Business Journal – by Peter Key

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