Monday, August 13, 2018

Contract: Lockheed, $480M

Lockheed Martin Missiles and Fire Control, Orlando, Fla., has been awarded a not-to-exceed $480,000,000 undefinitized contract for air-launched rapid response weapon critical design review and test and production readiness support. Work will be performed in Orlando and is expected to be completed by Nov. 30, 2021. This award is the result of a sole-source acquisition. Fiscal 2018 research, development, test and evaluation funds in the amount of $5,000,000 are being obligated at the time of award. Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., is the contracting activity (FA8681-18-C-0021). (Source: DoD, 08/13/18)