Investing.com - Lockheed Martin Corp. (NYSE: LMT) received two military contracts totaling $380.8 million to provide training support and logistics services for U.S. allies, the Department of War announced Thursday.

The company's Rotary and Mission System division in Orlando, Florida, was awarded a $200.8 million contract to deliver support services to Surface Combat Systems Training Command for AEGIS training requirements under Foreign Military Sales cases for Australia, Canada, Japan, Norway, South Korea, and Spain. The contract covers program management support, instructor and subject matter expert services, curriculum development, interactive courseware technology, and technical documentation preparation.

Work under the AEGIS contract will be performed in Japan (41%), Chinhae, South Korea (18%), Dahlgren, Virginia (13%), Moorestown, New Jersey (8%), Halifax, Nova Scotia (8%), Sydney, Australia (4%), Watson, Australia (4%), and Rota, Spain (4%). The contract is expected to be completed in June 2031, with no funds obligated at award and funds to be allocated on individual orders.

Separately, Lockheed Martin's Grand Prairie, Texas facility received an undefinitized contract action with a not-to-exceed value of $180 million for international contractor logistics support services. The indefinite-delivery/indefinite-quantity contract supports Foreign Military Sales customers and cooperative agreement partners for High Mobility Artillery Rocket System and Multiple Launch Rocket System programs, with an estimated completion date of May 30, 2031.

Naval Air Warfare Center Training Systems Command in Orlando, Florida, is the contracting activity for the AEGIS contract, while Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity for the logistics support contract.