Stock Markets May 28, 2026 05:13 PM

Lockheed Martin Secures $380.8 Million in Two Foreign Military Sales Contracts

Contracts fund AEGIS training support and international logistics services with work across multiple allied nations through 2031

By Leila Farooq LMT

Lockheed Martin won two Department of Defense contracts totaling $380.8 million to deliver AEGIS training support for several allied navies and to provide international contractor logistics services for rocket artillery programs. Work will be performed at multiple international and U.S. sites, with completion dates stretching into 2031. One award has no funds obligated at signing; the other is an undefinitized contract action with a not-to-exceed ceiling.

Lockheed Martin Secures $380.8 Million in Two Foreign Military Sales Contracts
LMT

Key Points

  • Lockheed Martin won two Department of Defense contracts totaling $380.8 million to support allied training and logistics.
  • A $200.8 million award to the Rotary and Mission Systems division will fund AEGIS training services for Australia, Canada, Japan, Norway, South Korea and Spain, with work spanning multiple international and U.S. sites and completion expected in June 2031.
  • A separate undefinitized contract action, not to exceed $180 million, covers international contractor logistics support for HIMARS and MLRS programs and is estimated to conclude May 30, 2031.

Lockheed Martin Corporation announced two Defense Department contract awards that together total $380.8 million, both intended to support U.S. allies through Foreign Military Sales and cooperative agreements.

The company’s Rotary and Mission Systems division in Orlando, Florida, received a $200.8 million contract to provide support services under the Surface Combat Systems Training Command for AEGIS training requirements. The work is tied to Foreign Military Sales cases for Australia, Canada, Japan, Norway, South Korea, and Spain. Services specified in the award include program management support, instructor and subject matter expert services, curriculum development, interactive courseware technology and the preparation of technical documentation.

The AEGIS-related work will be carried out at a number of international and domestic sites. The breakdown of locations in the contract notes Japan as the largest share at 41%, followed by Chinhae, South Korea at 18%, Dahlgren, Virginia at 13%, Moorestown, New Jersey at 8%, Halifax, Nova Scotia at 8%, Sydney, Australia at 4%, Watson, Australia at 4% and Rota, Spain at 4%. The contract has an expected completion date of June 2031. At the time of award, no funds were obligated; funding will be applied on individual orders under the contract.

Separately, Lockheed Martin’s Grand Prairie, Texas facility was awarded an undefinitized contract action with a not-to-exceed value of $180 million for international contractor logistics support services. This indefinite-delivery/indefinite-quantity contract is structured to support Foreign Military Sales customers and cooperative agreement partners associated with High Mobility Artillery Rocket System and Multiple Launch Rocket System programs. The estimated completion date for this award is May 30, 2031.

The Naval Air Warfare Center Training Systems Command in Orlando, Florida is listed as the contracting activity for the AEGIS training contract. The Army Contracting Command at Redstone Arsenal, Alabama is the contracting activity for the international logistics support contract.


These awards allocate work across allied partners and multiple U.S. and international facilities, establishing long-term support commitments for training and logistics in key missile and naval combat systems. The two contracts together underline ongoing Defense Department procurement activity through Foreign Military Sales channels and cooperative partnerships extending to 2031.

Risks

  • No funds were obligated at award for the AEGIS contract, which introduces uncertainty about near-term funding flows for the program - this affects defense contractors and the defense procurement market.
  • The logistics support award was issued as an undefinitized contract action with a not-to-exceed value, so the final contract value and terms remain subject to negotiation - this creates contracting and revenue timing uncertainty for the defense supply chain.
  • Both contracts have long completion horizons through 2031, which means performance, funding allocations and program requirements could change over the multi-year period - impacting long-term planning for suppliers and allied customers.

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