Tuesday, December 8, 2009

Lockheed Martin Receives Trident II D5 Missile System Production and Support Contract

Lockheed Martin Receives Trident II D5 Missile System Production and Support Contract
December 8, 2009 9:04:00 AM

SUNNYVALE, Calif., -- The U.S. Navy is awarding Lockheed Martin (NYSE: LMT) a contract with a value not to exceed $851 million for production and deployed system support for the Trident II D5 Fleet Ballistic Missile (FBM) program for fiscal year 2010.

Under the contract, Lockheed Martin is providing D5 missile hardware production support and reentry system hardware, as well as operations and maintenance to support the readiness and reliability of missile systems deployed aboard the Navy's Trident II OHIO-class submarines. The contract also continues the D5 Life Extension effort, which updates selected electronic components to support the extended service life of the Navy's OHIO-class submarines.

"Under the leadership of the Navy's Strategic Systems Program, the Fleet Ballistic Missile program sets the standard for partnership, disciplined performance and continual improvement," said Melanie A. Sloane, vice president of Fleet Ballistic Missile programs, Lockheed Martin Space Systems Company. "We are dedicated to supporting the Navy as it continues to raise the bar on this critically important program."

First deployed in 1990, the D5 missile is currently aboard OHIO-class submarines and British VANGUARD-class submarines. Lockheed Martin completed D5 missile deliveries for the U.S. inventory objective in 2007. The three-stage, solid-propellant, inertial-guided ballistic missile can travel a nominal range of 4,000 nautical miles and carries multiple independently targeted reentry vehicles.

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