Lockheed Martin Secures $407 Million Aegis Guam Missile Defense Deal as Pentagon Expands Pacific Shield From New Jersey to Guam

Lockheed Martin Corp. has received a major contract modification worth more than $407 million to continue work on missile defense capabilities tied to the Aegis Guam System.

The award was issued to the company’s Moorestown, New Jersey, operation under the Aegis Ballistic Missile Defense Weapon Systems contract.

The Missile Defense Agency listed the modification as a sole-source hybrid agreement using cost-plus-fixed-fee and cost-plus-incentive-fee terms.

Contract Supports Aegis Guam System Development

The modification covers continued engineering, development and certification work for Integrated Air and Missile Defense capabilities.

The effort is intended to fold those capabilities into the design of the Aegis Ballistic Missile Defense Weapon Systems for the Aegis Guam System.

The work is part of a broader push to strengthen Guam’s defensive architecture, especially as the island remains strategically important to U.S. military operations in the Indo-Pacific.

Work to Take Place in New Jersey and Guam

The contract work will be performed in Moorestown, New Jersey, and Guam.

The period of performance begins at the time of award and runs through December 2029.

Lockheed Martin’s Moorestown site has long been associated with Aegis-related systems work, including engineering and integration efforts for naval and missile defense programs.

Funding Obligated at Time of Award

At the time of the award, the government will obligate $76,164,591 in fiscal 2026 research, development, test and evaluation funds.

An additional $2,603,868 in fiscal 2026 procurement funds will also be obligated.

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Together, the initial obligations represent the first funded portion of the larger contract modification.

Total Contract Value Rises to Nearly $1.94 Billion

The modification increases the value of the existing contract from $1,528,036,884 to $1,935,202,325.

The stated modification value is $407,164,441, although the contract value increase is listed as $407,165,441, reflecting a small discrepancy in the reported figures.

The contracting activity is the Missile Defense Agency in Dahlgren, Virginia, under contract number HQ0851-21-C-0002.

The award was made on May 7, 2026.

Impact and Consequences

The contract modification reinforces the U.S. government’s continued investment in Guam’s missile defense infrastructure.

Guam is a key U.S. military hub in the Pacific, and expanding integrated air and missile defense capabilities there is likely to remain a major defense priority.

For Lockheed Martin, the award extends its role in Aegis-related missile defense development and keeps the company central to one of the Pentagon’s most important regional defense efforts.

The funding also signals that the Aegis Guam System is moving through continued engineering and certification work rather than remaining only in early planning stages.

What’s next?

Lockheed Martin will continue engineering, development and certification work tied to integrating air and missile defense capabilities into the Aegis Guam System.

The project is scheduled to continue through December 2029.

Further funding obligations may follow as work progresses, depending on program needs, budget approvals and development milestones.

The Missile Defense Agency will oversee the contract from Dahlgren, Virginia.

Summary

Lockheed Martin has been awarded a $407 million contract modification to continue development and certification work for missile defense capabilities under the Aegis Guam System.

The work will be carried out in Moorestown, New Jersey, and Guam, with performance running through December 2029.

The modification raises the total value of the Aegis BMD contract to nearly $1.94 billion.

Bulleted Takeaways

• Lockheed Martin Corp. received a major Aegis BMD contract modification.
• The award is valued at $407,164,441.
• Work will support the Aegis Guam System.
• The project focuses on Integrated Air and Missile Defense engineering, development and certification.
• Work will be performed in Moorestown, New Jersey, and Guam.
• The performance period runs through December 2029.
• The government will obligate more than $78 million at the time of award.
• The total contract value rises to $1,935,202,325.
• The Missile Defense Agency in Dahlgren, Virginia, is the contracting activity.
• The modification was awarded on May 7, 2026.