Lockheed Banks Half-Billion Dollar Deal; CACI, BAE Ink Contracts

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an advance acquisition contract with an estimated value of $522, 200, 000 to provide for long-lead efforts and materials associated with the production and delivery of 42 low-rate initial production Lot V F-35 Joint Strike Fighter aircraft.  This contract provides for 22 conventional take off and landing aircraft for the Air Force; 13 short take off and vertical landing aircraft for the Marine Corps; and seven carrier variant aircraft for the Navy.  Work will be performed in Fort Worth, Texas (35 percent); El Segundo, Calif. (25 percent); Warton, United Kingdom (20 percent); Orlando, Fla. (10 percent); Nashua, N.H. (5 percent); and Baltimore, Md. (5 percent).  Work is expected to be completed in May 2011.  Contract funds will not expire at the end of the current fiscal year.  This contract was not competitively procured.  This contract combines purchases for the Navy ($329, 100, 000; 63 percent) and Air Force ($193, 100, 000; 37 percent).  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity (N00019-10-C-0002).

“CACI (NYSE: CACI) was awarded on June 30 a $10, 314, 714 cost-plus-fixed fee contract for professional support services in support of the Joint Improvised Explosive Device Defeat Organization.  Work is to be performed in Arlington, Va., with an estimated completion date of Jan. 31, 2011.  One bid was solicited with one bid received.  Research, Development & Engineering Command Contracting Center, Aberdeen Proving Ground, Md., is the contracting activity (W91CRB-09-D-0057).

“BAE Systems was awarded on June 3 a $69, 994, 441 firm-fixed-price contract.  This procurement is for the production of 30 Army configured M88A2 heavy equipment recovery combat utility lift and evacuation system recovery vehicles; four sets of authorized stock list spares; and three spare engines.  Work is to be performed in York, Pa. (98.5 percent), and Aiken, S.C. (1.5 percent), with an estimated completion date of April 30, 2013.  One bid was solicited with one bid received.  U.S. Army TACOM Contracting Center Warren, Mich., is the contracting activity (W56HZV-09-C-0408).”

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