Lockheed Martin Corp. (LMT), an aerospace and defense company, recently secured a modification contract for integrating an additional 70 MK41 Vertical Launching System modules and ancillary equipment into DDG 51-class destroyers and FFG 62-class frigates. The award has been offered by the Naval Sea Systems Command, Washington, D.C. Valued at $231.4 million, the contract is expected to be completed in July 2025. The modified services to be provided by Lockheed Martin include purchases of defense articles and services for the U.S. government (80%), the Commonwealth of Australia (13%), and Spain (7%), under the Foreign Military Sales program.
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