Navy Awards Lockheed Martin $248 Million Contract

The U.S. Navy has awarded Lockheed Martin Space Systems-Missiles & Space Operations, Sunnyvale, Calif., a $248 million contract for the follow-on production of 12 Trident II D5 Fleet Ballistic Missiles (FBM) and start of the D5 service life extension (LE) program. Production of the missiles will begin in 2002, with an expected delivery to the Navy in 2004. Since serial production began in 1987, the U.S. Navy has purchased 396 TRIDENT II D5 submarine launched ballistic missiles (SLBMs).