Lockheed awarded $1B Navy missile contract modification

—

June 4, 2025

With more than one-third of the work targeted for Huntsville, Lockheed Martin Space was awarded a more than $1 billion contract modification by the Navy.

The contract modification with a not-to-exceed amount of $1,002,700,000 under an existing contract will support program management, engineering development, systems integration, long lead material, and special tooling and equipment in support of missile and launching platform production for Conventional Prompt Strike, the Department of Defense announced.

Along with Huntsville, work will be performed in Denver, Sunnyvale, Calif., Titusville, Fla., and other locations.

The work is expected to be completed Aug. 31, 2028.

Courtesy of 256 Today

Recent in Business

Sen. Tuberville calls on state lawmakers to pass PSC, utility reform package: ‘Focus on the future of the people of Alabama’

Sawyer Knowles — 3 weeks ago

U.S. Senator and 2026 frontrunner to become the next Governor of Alabama, Tommy Tuberville (R-Auburn), voiced his support Wednesday for the multi-bill utility reform package moving through the Alabama Legislature. In a weekly call with in-state reporters, Tuberville urged lawmakers to pass the legislative package, saying the current Public Service Commission members who fail to […]

Orr, Garrett discuss education budget priorities in 2026 as ‘lofty money’ meets PEEHIP shortfall

Sawyer Knowles — 3 weeks ago

The Alabama House and Senate Education Trust Fund budget committee chairmen addressed the Business Council of Alabama’s Tuesday morning briefing, and discussed budget priorities, their working relationship, and the future of education in Alabama. State Sen. Arthur Orr (R-Decatur) and State Rep. Danny Garrett (R-Trussville) agreed that managing expectations will be a key challenge this […]