Lockheed Martin Awarded $1.1 Billion Initial Contract to Provide Nation's First Sea-Based Hypersonic Strike Capability

February 18, 2023

Lockheed Martin Awarded $1.1 Billion Initial Contract to Provide Nation's First Sea-Based Hypersonic Strike CapabilityCompany will integrate weapon system onto U.S. Navy surface shipsLITTLETON, Colo., Feb. 17, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is partnering with the U.S. Navy to integrate hypersonic strike capability onto surface ships. The U.S. Navy awarded Lockheed Martin a contract worth more than $2 billion, if all options are exercised, to integrate the Conventional Prompt Strike (CPS) weapon system onto ZUMWALT-class guided missile destroyers (DDGs). "Lockheed Martin continues to advance hypersonic strike capability for the United States through this new contract," said Steve Layne, vice president of Hypersonic Strike Weapon Systems at Lockheed Martin. The combination of the CPS capability, and the stealth and mobility of the ZUMWALT-class destroyer, will provide the nation's first sea-based hypersonic strike capability. SOURCE Lockheed Martin

The source of this news is from Lockheed Martin