Lockheed Martin Will Update the U.S. Navy AEGIS SPY-1 Weapon System Totaling $176 Million
WASHINGTON, (BM) – Lockheed Martin Corp., Moorestown, New Jersey, is awarded a $176,339,634 firm-fixed-priced, performance-based logistics contract for the repair of 1,672 different head-of-family part numbers in support of the AEGIS SPY-1 Weapon System.
The contract is a five-year contract with no option periods. Work will be performed in Moorestown, New Jersey, and is expected to be completed by August 2024.
The AN/SPY-1 is a United States Navy 3D radar system manufactured by Lockheed Martin. The array is a passive electronically scanned system and is a key component of the Aegis Combat System.
The system is computer controlled, using four complementary antennas to provide 360 degree coverage.
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Source: U.S. DoD, Wikipedia