Lockheed Martin Awarded $79.5 Million Contract to Provide an Open Architecture Combat Management System for the U.S. Navy’s Frigates

MOORESTOWN, N.J., Aug. 23, 2016 – The U.S. Navy selected Lockheed Martin’s (NYSE: LMT) COMBATSS-21 as the combat management system for the Navy’s frigate ship program. COMBATSS-21 is the combat management system in operation on the Freedom variant Littoral Combat Ship (LCS). The five-year contract, which is worth up to $79.5 million, covers fiscal years 2016-2021.

http://www.lockheedmartin.com/us/news/press-releases/2016/august/160823-mst-79-5-million-contract-to-provide-open-architecture-combat-management-system-for-us-navys-frigates.html