Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $55,496,035 fixed-price-incentive and firm-fixed-price modification to previously awarded contract N00024-20-C-5101 for fiscal 2023 AEGIS Modernization (AMOD) and DDG-51 new construction production requirements. This contract action includes options which, if exercised, would bring the cumulative value of this contract action to $63,111,520. This action combines purchases for the Navy (99%) and the government of Japan (1%) under the Foreign Military Sales program. Work will be performed in Moorestown, New Jersey (80%); and Clearwater, Florida (20%), and is expected to be completed by September 2028. Fiscal 2023 other procurement (Navy) funds in the amount of $43,812,223 (79%); fiscal 2023 shipbuilding and conversion (Navy) funds in the amount of $7,299,837 (13%); fiscal 2023 Defense-wide procurement funds in the amount of $4,297,465 (7%); and FMS (Japan) funds in the amount of $86,510 (1%) will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.