Lockheed Wins $1 Billion Aegis Contract

Lockheed Martin has been awarded a contract for Aegis ballistic missile defense system work, reports the Dept. of Defense.

The $1 billion contract calls for Lockheed to serve as the Aegis ballistic missile defense combat system engineering agent and Aegis ballistic missile defense weapon system design, development and computer program source for Aegis-equipped cruisers and destroyers.

Work under the contract , to be done at Lockheed Martin Maritime Systems and Sensores,...