Lockheed Martin Inks Three DoD Contracts

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded on May, 13 a $91, 258, 623 firm-fixed-price, cost-plus-fixed-fee contract.  This contract is for replacing a purchase order for long-lead critical and French facilitization material, Guided Multiple Launch Rocket System Full Rate Production V.  Work is to be performed in Grand Prairie, Texas, with an estimated completion date of March 31, 2012.  One bid was solicited with one bid received.  U.S. Army Contracting Command, AMCOM Contracting Center, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-10-C-0270).

Also, the firm is being awarded an $85, 499, 548 modification to a previously awarded cost-plus-incentive/award-fee contract (N00019-07-C-0097) in support of the Joint Strike Fighter air system low-rate initial production (LRIP) Lot II.  This modification provides for the procurement of the additional special tooling and special test equipment required under LRIP II to meet the anticipated production ramp.  Work will be performed in Ft. Worth, Texas (35 percent); El Segundo, Calif. (24 percent); Lancashire, United Kingdom (17 percent); Turin, Italy (4.5 percent); and at various continental U.S. locations (19.2 percent) and locations outside the continental U.S. (0.3 percent).  Work is expected to be completed in April 2012.  Contract funds in the amount of $25, 786, 266 will expire at the end of the current fiscal year.  The Naval Air Systems command, Patuxent River, Md., is the contracting activity.

Finally, Lockheed Martin is being awarded a $58, 000, 000 modification to the previously awarded cost-plus-incentive-fee contract (N00019-08-C-0028) for technical services required to meet production ramp rates in support of the Joint Strike Fighter air system low-rate initial production Lot III aircraft.  Work will be performed in El Segundo, Calif. (55 percent); Lancashire, United Kingdom (18 percent); Fort Worth, Texas (12.6 percent); and various continental U.S. locations (13.5 percent) and locations outside the continental U.S. (0.9 percent).  Work is expected to be completed in January 2011.  Contract funds will not expire at the end of the current fiscal year.  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”

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