Contract: Lockheed, $116.8M

Lockheed Martin, Missiles and Fire Control, Orlando, Fla., has been awarded a $116,820,526 modification (P00007) to exercise the option on previously awarded contract FA8682-16-C-0005 for the Joint Air-to-Surface Standoff Missile (JASSM) program. Contractor will provide JASSM production, system upgrades, integration, sustainment, management and logistical support. Work will be performed at Troy, Ala., and is expected to be complete by June 29, 2019. Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., is the contracting activity. (Source: 03/04/16)