The U.S. Navy is awarding Lockheed Martin a contract with a value not to exceed $851 million for production and deployed system support for the Trident II D5 Fleet Ballistic Missile (FBM) program for fiscal year 2010.

Under the contract, Lockheed Martin is providing D5 missile hardware production support and reentry system hardware, as well as operations and maintenance to support the readiness and reliability of missile systems deployed aboard the Navy's Trident II OHIO-class submarines. The contract also continues the D5 Life Extension effort, which updates selected electronic components to support the extended service life of the Navy's OHIO-class submarines.

"Under the leadership of the Navy's Strategic Systems Program, the Fleet Ballistic Missile program sets the standard for partnership, disciplined performance and continual improvement," said Melanie A. Sloane, vice president of Fleet Ballistic Missile programs, Lockheed Martin Space Systems Company. "We are dedicated to supporting the Navy as it continues to raise the bar on this critically important program."

First deployed in 1990, the D5 missile is currently aboard OHIO-class submarines and British VANGUARD-class submarines. Lockheed Martin completed D5 missile deliveries for the U.S. inventory objective in 2007. The three-stage, solid-propellant, inertial-guided ballistic missile can travel a nominal range of 4,000 nautical miles and carries multiple independently targeted reentry vehicles.

Lockheed Martin Space Systems Company, Sunnyvale, Calif., is the prime contractor and program manager for the U.S. Navy's Trident missile. Approximately 2,400 Lockheed Martin Space Systems employees, principally in California, Georgia, Florida, Washington, Utah and Virginia, support the design, development, production, test and operation of the Trident Strategic Weapon System. Lockheed Martin Space Systems has been the Navy's prime strategic missile contractor since the inception of the program more than 50 years ago.

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.

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SOURCE: Lockheed Martin