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Aug. 15, 2016 / 1:31 PM

Lockheed Martin gets $112 million Aegis modernization contract modification

Deal covers several facets of the 2016 Aegis Modernization initiative.

Lockheed Martin Mission Systems and Training has received a $112 million U.S. Navy contract modification for the fiscal 2016 Aegis Modernization program. The program seeks to modernize Aegis capabilities on older ships, such as the USS Arleigh Burke destroyer, shown here. U.S. Navy photo

Lockheed Martin Mission Systems and Training has received a $112 million U.S. Navy contract modification for the fiscal 2016 Aegis Modernization program. The program seeks to modernize Aegis capabilities on older ships, such as the USS Arleigh Burke destroyer, shown here. U.S. Navy photo

WASHINGTON, Aug. 15 (UPI) -- Lockheed Martin Mission Systems and Training has received a $112 million U.S. Navy contract modification for the fiscal 2016 Aegis Modernization program.

The procurement covers the production of multi-mission signal processor equipment sets, ballistic missile defense 4.0.2 equipment, Aegis weapon system modernization upgrade equipment, as well as associated spares to support the fielding of Aegis modernization capabilities to the fleet.

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Work will be performed in New Jersey, Florida and New York, and has an expected completion date of November 2018.

Naval Sea Systems Command is the contracting activity.

The Aegis modernization program increases the computing power of equipped ships while providing radar upgrades that improve detection and reaction capabilities against modern threats.

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