Contract: Lockheed, $486.5M

Lockheed Martin Aeronautics Co., Fort Worth, Texas, has been awarded a $486,506,664 modification to exercise an option year (P00566) to previously awarded contract FA8611-08-C-2897 for F-22 sustainment activities. Work will be performed at Fort Worth and is expected to be completed by Dec. 31, 2015. Fiscal 2014 research, development, test and evaluation funds in the amount of $1,000,000 are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity (FA8611-08-C-2897). (Source: DoD, 10/27/14)