KING OF PRUSSIA, PENNSYLVANIA (BNS): Lockheed Martin has received a contract from the U S Air Force with an initial value of $109 million for sustainment of the re-entry subsystem for the Minuteman III intercontinental ballistic missile (ICBM).
Lockheed Martin's work will include repair, modification and testing of hardware and software components in the re-entry system-reentry vehicle (RS-RV) subsystem, as well as related support equipment.
The contract is part of the Air Force's Future ICBM Sustainment and Acquisition Construct, which is designed to ensure a safe, secure and reliable Minuteman III weapon system through 2030.
The base period of performance for the RS-RV contract is one year, and with options for an additional four years, the total potential contract value is $452 million.
The Company will perform work principally at Hill Air Force Base, where the ICBM System Programme Office is located, and in King of Prussia, Pennsylvania.
Lockheed receives contract for Minuteman III reentry subsystem
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