Lockheed Martin Secures $104.6M Contract for SPY-7 Radar Production for Canada

Lockheed Martin's Rotary and Mission Systems unit has been awarded a $104.6 million contract modification for production of SPY-7 radar components for Canada under a Foreign Military Sale agreement. The contract, which modifies a previously awarded contract, is valued at $104,623,274 and involves the Solid-State SPY ASEA Radar system.

Work will be conducted in Moorestown, New Jersey, and is expected to be completed by January 2032. The Naval Sea Systems Command in Washington, D.C., is overseeing the contract. Additionally, Lockheed Martin received a $52.3 million modification for Japan's Aegis System Equipped Vessel program, increasing the total contract value to $1.60 billion.

This work also takes place in Moorestown, with a performance period running from December 2025 to December 2029. The Missile Defense Agency in Virginia is managing this contract.