DoD Modifies Lockheed Martin Contract for $407M Aegis Guam System Enhancements
The Department of Defense has awarded Lockheed Martin a $407.2 million contract modification to enhance the Aegis Ballistic Missile Defense system for Guam. The extension through December 2029 underlines the Pentagon's commitment to missile defense modernization in the Indo-Pacific region, creating significant opportunities for defense contractors in related sectors.