U.S. Navy Awards Lockheed Martin $383 Million for Florida Production Facility

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U.S. Navy Awards Lockheed Martin $383 Million for Florida Production Facility

The U.S. Navy awarded Lockheed Martin 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.

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The D5 missile, built and upgraded by Lockheed Martin for the Navy, is the most advanced ballistic missile in the world and is currently aboard U.S. OHIO-class and U.K. VANGUARD-class submarines. This year, Lockheed Martin will mark 70 years of support to the Navy developing and sustaining the missiles that are the backbone for the nation’s sea-based deterrence through the company’s Fleet Ballistic Missiles (FBM) program.

Lockheed Martin’s FBM program is critical to preserving American and allied security with a focus on innovation through advanced digital technology, modern facilities, and a culture of excellence.

Lockheed Martin is breaking ground on an approximately 225,000 square foot facility in Titusville, Florida to produce components for the D5LE2 submarine-launched ballistic missile.

The new facility expands Lockheed Martin’s presence in Florida’s Space Coast and is expected to add approximately 300 highly-skilled new jobs.

The facility is anticipated to be ready for operations in 2027 to meet the Navy’s production needs and support the service for the next 60 years.

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