Contract: Lockheed, $318.9M

Lockheed Martin Missiles and Fire Control, Orlando, Fla., has been awarded a $318,933,722 firm-fixed-price contract modification (P00014) to previously awarded contract FA8682-21-C-0001 for the exercise of an option to add 308 Lot 20 Joint Air-to-Surface Standoff Missile – Extended Range missiles with containers. Work will be performed in Orlando; and Troy, Ala., and is expected to be completed by Jan. 31, 2026. This award is the result of a sole source acquisition. Fiscal 2022 missile procurement funds in the amount of $318,933,722 are being obligated at the time of award. The total cumulative face value of the contract is $988,545,063. Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., is the contracting activity. (Awarded March 17, 2022) (Source: DoD, 03/21/22)