Lockheed Martin Wins MK 41 VLS Deal

Lockheed Martin Corp., Mission Systems and Training, is being awarded a $235,3 million firm-fixed-price contract for MK 41 Vertical Launching System (VLS) electronic and mechanical modules and related equipment.

The MK 41 VLS provides a missile launching system for CG 47 and DDG 51 class surface combatants, surface combatants of allied navies, and Aegis Ashore requirements for the Missile Defense Agency’s Ground Ballistic Missile Defense Program.

This contract includes options which, if exercised, would bring the cumulative value of this contract to $356,794,617.

This contract combines purchases for the U.S. Navy and the governments of Saudi Arabia and Norway under the Foreign Military Sales Program.

Work will be mainly performed in Baltimore, Maryland, and is expected to be completed by March 2022.

Fiscal 2013 and 2014 shipbuilding and conversion (Navy); fiscal 2014 Defense-wide procurement funds; fiscal 2014 other procurement (Navy); and fiscal 2014 research, development, test and evaluation funding in the amount of $235,329,189 will be obligated at time of award.

Funds in the amount of $240,287 will expire at the end of the current fiscal year.

The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.

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Press release, Image: US Navy