A joint venture of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) has won a potential $1,088,000,000 contract to provide production services for seven launch vehicle configurations used by the U.S. Air Force and National Reconnaissance Organization.
The Air Force is obligating $525 million in fiscal year 2013 missile procurement funds at the time of award for the not-to-exceed letter contract, the Defense Department said Wednesday.
United Launch Services LLC is a subsidiary of the United Launch Alliance, a 50-50 partnership between Boeing and Lockheed.
Evolved Expendable Launch Vehicle production services will cover Air Force configurations Atlas V 401, AF Atlas V 501, AF Delta IV 4,2 and AF Delta IV 5,4.
The subsidiary will also support NRO configurations Atlas 401, NRO Atlas 541 and NRO Delta IV 5,2.