Article Posted on : - Jun 16, 2014

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.