Contract: Lockheed, $167.5M

Lockheed Martin Missiles and Fire Control, Orlando, Fla., has been awarded a $167,470,014, fixed-price-incentive-firm and firm-fixed-price contract for 48 long range anti-ship missiles and tooling and test equipment. Work will be performed in Orlando and is expected to be completed April 6, 2023. This award is the result of a sole source acquisition. Fiscal 2019 Air Force missile procurement funds in the amount of $52,334,380; and fiscal 2019 Navy weapon procurement funds in the amount of $115,135,634 will be obligated at the time of award. Air Force Life Cycle Management Center, Eglin, Air Force Base, Fla., is the contracting activity (FA8682-20-C-0003). (Source: DoD, 04/07/20)