Lockheed Martin awarded USD357m FMS contract

Lockheed Martin has been awarded a USD357 million contract for advanced electronic guidance and instrumentation system (AEGIS) in-service combat systems for several nations, the company said.

The AEGIS ballistic missile defense system integrates the SPY-1 radar, the MK 41 vertical launching system for missiles, the SM-3 standard missile, and the ship´s command and control system, in order to give ships the ability to defend against enemy ballistic missiles.

In light of this news, SMi has announced that Lockheed Martin has joined the expert speaker line up for the Air Missile Defence Technology 2016 conference, which takes place in Prague on 24-25th October.

SMi Group is a global event-production company that specializes in business-to-business conferences, workshops, masterclasses and online communities.