Lockheed Martin awarded $267.5 million contract

Lockheed Martin has recently been awarded $267.5 million to provide combat systems engineering, computer program development and ship integration and test support to the Republic of Korea Navy.

The US Navy has recently awarded Lockheed Martin $267.5 million to provide combat systems engineering, computer program development and ship integration to the Aegis Weapon System of South Korea’s KDX-III Destroyer Program.

The Korean Navy selected the US Navy and Lockheed Martin to provide the Aegis Weapon System for its KDX-III Destroyer Program in late 2002.

According to Lockheed Martin, the Aegis Weapon System is an integrated radar and missile system capable of simultaneous operation defending against advanced air, surface and subsurface threats.

The Aegis Weapon System can simultaneously attack multiple incoming aircraft, missiles, submarines and torpedoes while automatically implementing defences to protect the fleet. The system is said to be capable of countering all existing and emerging threats to a naval battle group, as well as striking inland targets.

The Aegis Weapon System is currently installed on 65 US Navy cruisers and destroyers on station around the globe, and at least 24 more ships are planned.

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