US Navy awards Lockheed Martin $383M for advanced strategic missile development

Los Angeles CA (SPX) Feb 03, 2025
Lockheed Martin (NYSE: LMT) has secured a $383 million contract modification from the U.S. Navy to advance the next iteration of the Trident II Strategic Weapons System (SWS) D5 missile, reinforcing the nation's sea-based nuclear deterrent.

The funding supports the design and development of the Trident II D5 Life Extension 2 (D5LE2) missile, a modernized variant of the existing system. This enhanced missile will be deployed aboard the forthcoming COLUMBIA-class ballistic missile submarines, ensuring the longevity and reliability of the Navy's strategic weapon system until at least 2084.

"The second life extension of the Trident D5 missile will enable the United States and United Kingdom, through the Polaris Sales Agreement, to maintain credibility deterring evolving threats," stated Jerry Mamrol, vice president of Fleet Ballistic Missiles at Lockheed Martin. "We are proud to continue our critical partnership with the U.S. Navy to take deterrence into this new era."

Enhancing Strategic Capabilities

Lockheed Martin has been instrumental in the ongoing development and sustainment of the Trident II D5 missile, widely regarded as one of the most advanced ballistic missile systems in existence.

Currently deployed aboard U.S. OHIO-class and U.K. VANGUARD-class submarines, the system remains a cornerstone of strategic deterrence. This year marks Lockheed Martin's 70th anniversary in supporting the Navy's Fleet Ballistic Missiles (FBM) program, a crucial component of national and allied defense strategies.

Through continuous technological advancements, Lockheed Martin's FBM program integrates digital modernization, cutting-edge infrastructure, and an unwavering commitment to innovation.

Expansion in Florida's Space Coast

Lockheed Martin is constructing a state-of-the-art, 225,000-square-foot facility in Titusville, Florida, dedicated to producing components for the D5LE2 submarine-launched ballistic missile. This expansion will enhance the company's operations in Florida's Space Coast and generate approximately 300 highly skilled jobs. Slated to be operational by 2027, the new facility will meet the U.S. Navy's long-term production needs, supporting its mission for the next six decades.