Thursday, May 7, 2020

Contract: Lockheed, $49.9M

Lockheed Martin Corp., Orlando, Fla., has been awarded a $49,856,351 cost-plus-fixed-fee modification (P00004) to contract FA8682-19-C-0008 to procure additional equipment and tooling needed to increase Joint Air-to-Surface Standoff Missile production. Work will be performed in Orlando and is expected to be complete by March 31, 2023. This award is the result of sole-source acquisition. Fiscal 2019 missile procurement funds in the full amount are being obligated at the time of award. Air Force Life Cycle Management Center, Eglin Air Force Base, Fla., is the contracting activity. (Source: DoD, 05/07/20)