Lockheed Martin received $527 to upgrade Aegis missile defense system for deployment in Guam

The U.S. Missile Defense Agency has allocated more than $500 million to Lockheed Martin to upgrade the Aegis missile defense system, which will be deployed on the island of Guam.

Here's What We Know

The cost of the contract is $527 million. Information about the allocation appeared on the website of the U.S. Department of Defense.

The upgrades include "integrated air and missile defense capabilities." No further information is available. The modernization is due to be completed by the end of 2027.

The Missile Defense Agency announced back in the spring of 2022 its intention to improve the strategic island's defense. The Iron Dome system (in test mode) and the Terminal High Altitude Area Defense (THAAD) battery are now deployed on Guam.

Aegis is part of the national missile defense system of the United States. It is designed to destroy short- and medium-range ballistic missiles. The system uses Standard-class anti-aircraft missiles. In particular, RIM-161 Standard Missile 3, which can intercept targets at sub-atmospheric altitudes.

Source: Pentagon
Image: The Defense Post