Monday, February 22, 2021

Contract: Lockheed, $414.3M

Lockheed Martin, Orlando, Fla., has been awarded a $414,251,844 firm-fixed-price contract, for 137 Lots 4 and 5 Long Range Anti-Ship Missiles, tooling and test equipment. Work will be performed in Orlando; and Troy, Ala., and is expected to be completed March 21, 2025. This contract involves Foreign Military Sales (FMS) and is the result of a sole-source acquisition. Fiscal 2020 Navy weapon procurement funds in the amount of $56,173,414; fiscal 2021 Navy weapon procurement funds in the amount of $125,782,310; fiscal 2021 Air Force missile procurement funds in the amount of $17,707,234; fiscal 2021 Office of the Secretary of Defense, Strategic Capabilities Office research, development, test and evaluation funds in the amount of $5,850,340; and FMS funds in the amount of $208,738,546, are being obligated at the time of award. Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., is the contracting activity (FA8682-21-C-0004). (Source: DoD, 02/22/21)