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U.S. Navy Awards Lockheed Martin $383M for Next Generation of U.S. Deterrence at Sea
February 4, 2025 | Lockheed MartinEstimated reading time: 1 minute
The U.S. Navy awarded Lockheed Martin a $383 million cost-plus-incentive-fee and cost-plus-fixed-fee modification to the existing Lockheed Martin contract for development of the next generation of the Trident II Strategic Weapons System (SWS) D5 missile to continue the nation's sea-based strategic deterrence.
Under this contract modification, Lockheed Martin will design the upgraded missile, called the Trident II D5 Life Extension 2 (D5LE2). The integrated, modernized missile will be carried aboard COLUMBIA-class ballistic missile submarines to ensure the strategic weapon system remains credible through 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," said 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."
Advancing Deterrence
The D5 missile, built and upgraded by Lockheed Martin for the Navy, is the most advanced ballistic missile in the world and is currently aboard U.S. OHIO-class and U.K. VANGUARD-class submarines. This year, Lockheed Martin will mark 70 years of support to the Navy developing and sustaining the missiles that are the backbone for the nation's sea-based deterrence through the company's Fleet Ballistic Missiles (FBM) program.
Lockheed Martin's FBM program is critical to preserving American and allied security with a focus on innovation through advanced digital technology, modern facilities, and a culture of excellence.
New Florida Facility for the Future
Lockheed Martin is breaking ground on an approximately 225,000 square foot facility in Titusville, Florida to produce components for the D5LE2 submarine-launched ballistic missile.
The new facility expands Lockheed Martin's presence in Florida's Space Coast and is expected to add approximately 300 highly-skilled new jobs.
"Under Governor Ron DeSantis' leadership, Florida continues to invest in our aerospace and aviation, and military and defense industries – bringing high-skill, high-wage jobs to the state," said Florida Secretary of Commerce J. Alex Kelly. "Strategic investments like this continue to propel Florida's workforce, adding 300 new jobs and bringing economic success to Florida communities."
The facility is anticipated to be ready for operations in 2027 to meet the Navy's production needs and support the service for the next 60 years.
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PsiQuantum, Lockheed Martin Form Strategic Collaboration to Accelerate Quantum Computing for Aerospace and Defense
11/04/2025 | BUSINESS WIREPsiQuantum and Lockheed Martin have signed a memorandum of understanding (MoU) to accelerate the development of quantum computing applications in aerospace and defense.
Lockheed Martin Invests $50M in Saildrone to Advance Unmanned Surface Vehicle Capabilities for U.S. Navy
10/30/2025 | Lockheed MartinLockheed Martin announced a $50 million investment in Saildrone, a global leader in maritime autonomous systems. This strategic collaboration will deliver commercially available unmanned surface vehicles (USV) equipped with lethal, combat-proven defense technology.
Lockheed Martin Signs Strategic Partnership Framework with Korean Air
10/28/2025 | Lockheed MartinLockheed Martin is collaborating with Korean Air to explore opportunities to support the U.S. government’s (USG) Regional Sustainment Framework (RSF) initiative, as well as expand Maintenance, Repair, Overhaul & Upgrade (MROU) cooperation to third-country markets.
Orion Spacecraft Completes Major Stacking Milestone Ahead of Artemis II Mission
10/27/2025 | Lockheed MartinIn a move signifying mission readiness, NASA's Exploration Ground Systems (EGS) team recently joined and connected the Lockheed Martin-developed Orion spacecraft with the Space Launch System (SLS) rocket for the upcoming Artemis II mission.
Spike NLOS Advances to Phase 2 of M-LRPSM Competition
10/17/2025 | Lockheed MartinThe U.S. Army down selected Lockheed Martin’s Spike Non-Line-of-Sight (NLOS) system capability for Phase 2 of the Mobile-Long Range Precision Strike Missile (M-LRPSM) Directed Requirement competition.