$146M Missile Contract for Draper

Wade Roush1/30/09

The United States Navy announced today that it has awarded a $146 million contract to Cambridge, MA-based Charles Stark Draper Laboratory for work on guidance systems to extend the life of the Trident II, a submarine-launched nuclear missile developed by Lockheed Martin in the 1980s. About 12 percent of the work will occur at Draper’s Cambridge facility, 10 percent in Pittsfield, MA, and the remainder in Florida and Minnesota. The Navy said it didn’t solicit competing bids for the contract.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.