Lockheed Martin Secures $1.2B Contract for Trident Fleet Support

Lockheed Martin Corporation (LMT) has secured a $1.17 billion contract to provide crucial fleet support for the Trident II Strategic Weapon System. Per the terms of the deal, Lockheed Martin will offer shipboard integration as well as support the development of navigation subsystems for the Trident II missile. Most of the work under this contract will take place in Mitchel Field, NY. The award has been provided by the Strategic Systems Programs, Washington, DC. The deal is expected to be completed by Sept. ...