icon
icon
icon
icon
$300 Off
$300 Off

News /

Articles /

Lockheed Martin Secures $551M Navy Contract for Trident II D5 Missile Modernization

Harrison BrooksMonday, Feb 3, 2025 6:25 pm ET
5min read


Lockheed Martin, a global leader in aerospace, defense, and security, has been awarded a significant contract by the U.S. Navy to modernize the Trident II D5 strategic weapons system. The $551 million contract, announced on January 31, 2025, will enable the company to continue its critical role in maintaining the nation's sea-based strategic deterrence.

The Trident II D5 missile, built and upgraded by Lockheed Martin, 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 in 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.

Under the new contract, 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. Jerry Mamrol, vice president of Fleet Ballistic Missiles at Lockheed Martin, stated, "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."



In addition to the modernization of the Trident II D5 missile, 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. Florida Secretary of Commerce J. Alex Kelly commented, "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."



The Trident II D5 Life Extension 2 (D5LE2) missile modernization contract aligns with Lockheed Martin's strategic goals and long-term growth plans by supporting the continuation of a critical program, expanding manufacturing capabilities, investing in R&D, strengthening customer relationships, and aligning with the company's 21st Century Security strategy. This contract highlights Lockheed Martin's advanced ballistic missile technology, open architecture and commercial partnerships, artificial intelligence (AI) and machine learning (ML), digital transformation, advanced communications, and air-space integration capabilities. These capabilities contribute to Lockheed Martin's competitive advantage in the defense industry by enabling the company to provide advanced, reliable, and innovative solutions to its customers, helping them to maintain a strategic edge in an ever-evolving threat landscape.

In conclusion, Lockheed Martin's receipt of the $551 million Navy contract for the Trident II D5 missile modernization demonstrates the company's commitment to maintaining the U.S. and UK's strategic deterrence capabilities. The contract aligns with Lockheed Martin's strategic goals and long-term growth plans, and highlights the company's advanced capabilities in the defense industry.
Comments

Add a public comment...
Post
User avatar and name identifying the post author
Sarah Kelly
02/04

I've learn so much from this platform in such a short period time. I'm very happy with the money the platform is making me but the knowledge that I'm receiving is priceless. Joining this platform was truly a life changing decision. All it took was for me to get in my bag one time; now, it's a habit 👉 mr Harold Kendrick.WhatsApp +447407600166

1
Reply
User avatar and name identifying the post author
freekittykitty
02/04
@Sarah Kelly 👍
0
Reply
User avatar and name identifying the post author
AGNES MORALES
02/04

Weeks ago I started my trading journey with $1000 and didn’t have much experience. After few days of consistent work and following the recommendations of Elizabeth Towles on Whatsapp +1563 279-8487,I managed to grow my account to $8850

0
Reply
User avatar and name identifying the post author
mayorolivia
02/04
@AGNES MORALES Yessir
0
Reply
User avatar and name identifying the post author
AIONisMINE
02/04
$LMT Disappointed, no end-of-day pop
0
Reply
User avatar and name identifying the post author
Certain-Dragonfly-22
02/03
This contract is a game-changer. D5LE2's advanced tech will keep the US and UK ahead. Defense sector's future looks bright.
0
Reply
User avatar and name identifying the post author
Bitter_Face8790
02/03
$LMT's got the juice for the Navy's Trident upgrade. 🚀 Diversifying defense stocks is a must. Who's in for long-term hold?
0
Reply
User avatar and name identifying the post author
careyectr
02/04
@Bitter_Face8790 How long you planning to hold $LMT? Thinking of going in for a few years myself.
0
Reply
User avatar and name identifying the post author
mrpoopfartman
02/03
300 jobs in Florida? Win-win for the Space Coast.
0
Reply
User avatar and name identifying the post author
HotAspect8894
02/03
Lockheed's AI in defense? Game changer, for real.
0
Reply
User avatar and name identifying the post author
Sotarif
02/03
D5LE2 = future-proofing our sea-based deterrent.
0
Reply
User avatar and name identifying the post author
tostitostiesto
02/03
$LMT's got the juice with this D5LE2 contract. 🚀
0
Reply
User avatar and name identifying the post author
AGailJones
02/03
300 new jobs in Florida? Win-win. Lockheed's investing big in the Space Coast. 🌟 Could this boost local economies?
0
Reply
User avatar and name identifying the post author
TY5ieZZCfRQJjAs
02/03
$LMT's got the Navy's back with this deal.
0
Reply
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App