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Wednesday, August 31, 2016

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.

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