U.S. Navy Awards Lockheed Martin $383 Million for Next Generation of U.S. Deterrence at Sea
TITUSVILLE, Fla. , Jan. 31, 2025 /PRNewswire/ -- The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing Lockheed Martin contract for development of the next generation of the Trident II Strategic Weapons System (SWS) D5 missile to continue the nation's sea-based strategic deterrence.
Under this contract modification, Lockheed Martin will design the upgraded missile, called the Trident II D5 Life Extension 2 (D5LE2). The integrated, modernized missile will be carried aboard COLUMBIA-class ballistic missile submarines to ensure the strategic weapon system remains credible through 2084.
"The second life extension of the Trident D5 missile will enable the United States and United Kingdom, through the Polaris Sales Agreement, to maintain credibility deterring evolving threats," said Jerry Mamrol, vice president of Fleet Ballistic Missiles at Lockheed Martin. "We are proud to continue our critical partnership with the U.S. Navy to take deterrence into this new era."