U.S. and South Korea Expand Naval Ties with $28.6M Contract Award
SOUTH KOREA — Lockheed Martin’s Rotary and Mission Systems division has been awarded a $28.6 million contract modification to support South Korea’s next-generation KDX III Batch II destroyers. The contract provides combat system engineering, ship integration and testing, and in-country logistics support.
The work will take place primarily in Ulsan, South Korea (60%), with additional efforts in Moorestown, New Jersey (38%), and Seoul (2%), with completion expected by December 2027.
The Naval Sea Systems Command (NAVSEA) is the contracting authority, and $7.2 million in FMS funds from South Korea have been obligated upfront. This contract is part of ongoing U.S.–ROK defense cooperation, strengthening interoperability in naval systems and regional maritime security.
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