Lockheed Martin

(LMT) - Get Report

has been chosen by the Air Force to integrate its air and space operations under a multiyear contract worth $589 million.

The defense contractor will lead a team that will standardize, modernize and sustain more than 20 air and space operations centers worldwide.

The centers will provide commanders real-time, common operational views of the global battlefield, according to the contract announced in a press release.

The industry team involves several companies, including

Raytheon

(RTN) - Get Report

,

IBM

(IBM) - Get Report

and

L-3 Communications

(LLL) - Get Report

. The agreement is considered an indefinite delivery, indefinite quantity deal.

"With our customer we'll evolve today's

centers into integrated net-centric operations, incorporating essential combat capabilities that will enable joint and coalition warfighters to continue to dominate command and control in future conflicts, while improving operational efficiencies," said Stan Sloane, head of Lockheed Martin's integrated systems and solutions group.

Air and space operations centers currently have up to 48 separate systems to support a number of different missions.

The Lockheed-led effort will enable faster access to intelligence, surveillance, reconnaissance, targeting and other data, and promote efficient and cost-effective technology upgrades while reducing personnel and materials costs, the company said.

Shares of Lockheed gained 9 cents in premarket trading Wednesday to $81.79.