Lockheed Martin wins $74 million Navy order for missile detection systems
Lockheed Martin will receive an extra $74.3 million from the U.S. Navy for electronic warning systems against anti-ship missiles, the Pentagon said.
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what happened
The Pentagon said on Wednesday that Lockheed Martin has been awarded a $74.3 million addition to an existing fixed-price deal with the Navy. The work covers electronic surveillance and warning systems designed to detect anti-ship missiles.
Most of the funding comes from Canada (about $38.4 million) and Japan ($35.4 million), while the U.S. Coast Guard covers 1%. Production will take place in Liverpool, New York, and Lansdale, Pennsylvania, with completion expected by September 2029.
why it matters
The sum is modest by defense-budget standards, but the order shows that U.S. allies continue to buy early missile-warning equipment. A single contract of this size is unlikely to noticeably change the company's overall financial results.
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- Lockheed Martin Gets $74M Navy Contract for Missile Detection — Newsmetry API, 14 October 2026 at 21:50 UTC
- Lockheed Martin Gets $74 Million Navy Contract for Missile Detection — Newsmetry API, 14 October 2026 at 22:05 UTC
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