Lockheed Martin has secured a $601.3m contract from the US and UK to produce additional submarine-launched ballistic missile systems.

The company will manufacture Trident II D5 missiles and support deployed systems through the sole-source contract, the U.S. Department of Defense said Thursday.

“Lockheed Martin Space, Titusville, Florida, is awarded a $601,332,075 fixed-price-incentive, cost-plus-incentive-fee and cost-plus-fixed-fee modification (P00005) to exercise options under a previously awarded and announced contract N00030-19-C-0100 for the submarine-launched ballistic missile (model) Trident II D5 production and deployed systems support.

Work will be performed in Magna, Utah (33.5%); Sunnyvale, California (13.7%); Denver, Colorado (10.6%); Cape Canaveral, Florida (6.9%); Titusville, Florida (4.7%); Orange, Virginia (4.4%); Kings Bay, Georgia (3.4%); Kingsport, Tennessee (3.4%); Pittsfield, Massachusetts (3.3%); El Segundo, California (2.4%); Lancaster, Pennsylvania (2.2%); Inglewood, California (1.6%); Clearwater, Florida (1.3%); and other various locations (less than 1% each, 8.6% total). Work is expected to be complete by September 2024.

Fiscal 2020 weapons procurement (Navy) funds in the amount of $499,278,762; United Kingdom funds in the amount of $93,325,301; and incremental fiscal 2020 research, development, test and evaluation (Navy) funds in the amount of $500,000 are obligated on this award, none of which will expire at the end of the current fiscal year.”

The US will obligate $499.8M on the contract while the UK will allocate $93.3m.

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