Lockheed Martin Registers Massive $3.5 Billion F-35 Contract; 3 Other Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $3, 485, 385, 767 modification to a previously awarded cost-plus-incentive-fee contract (N00019-09-C-0010).  This modification converts contract type for the efforts described below from a cost-plus-incentive-fee to a fixed-price-incentive (firm target) for the manufacture and delivery of F-35 Joint Strike Fighter low rate initial production Lot IV aircraft.  This modification provides for the procurement of 10 conventional take-off and landing aircraft for the U.S. Air Force; 16 short take-off vertical landing (STOVL) aircraft for the U.S. Marine Corps; one STOVL aircraft for the United Kingdom Royal Navy; and four carrier variant aircraft for the U.S. Navy.  In addition, this modification provides for the procurement of associated ancillary mission equipment, flight test instrumentation, and manufacturing support equipment.  Work will be performed in Fort Worth, Texas, and is expected to be completed in March 2013.  Contract funds in the amount of $21, 773, 633 will expire at the end of the current fiscal year.  This modification combines purchases for the U.S. Air Force ($1, 099, 960, 361; 31.6 percent); the U.S. Marine Corps ($1, 685, 707, 859; 48.4 percent); the U.S. Navy ($582, 147, 988; 16.6 percent); and the United Kingdom ($117, 569, 559; 3.4 percent).  The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.

“Lockheed Martin is being awarded a $24, 515, 108 modification to previously awarded firm-fixed-price contract (N00104-01-D-ZD52) to exercise the second option for the manufacture of spare and repair parts used in the MK-41 vertical launching system.  Work will be performed in Baltimore, Md. (15 percent), and Ventura, Calif. (85 percent), and is expected to be completed by November 2014.  Contract funds will not expire before the end of the current fiscal year.  The Naval Inventory Control Point, Mechanicsburg, Pa., is the contracting activity.

“Lockheed Martin is being awarded a $13, 729, 506 modification to the previously awarded cost-plus-incentive-fee/award-fee contract (N00019-08-C-0028) to exercise an option for the procurement of one ruggedized repair verification radar (RVR) test set in support of the F-35 Joint Strike Fighter.  The RVR test set will support aircraft maintenance level for evaluation and verification of zonal radar cross section performance characteristics following aircraft repair of all three variants.  Work will be performed in El Segundo, Calif. (96 percent); Fort Worth, Texas (3.5 percent); and Orlando, Fla. (0.5 percent).  Work is expected to be completed in January 2013.  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.

“Lockheed Martin was awarded a $22, 855, 083 firm-fixed-price contract for life cycle contractor support, which includes management and logistics functions for the fire control radar system on all government Apache AH-64D helicopters.  This requirement is comprised of depot repair, replenishment spares, spares and/or repair parts, sustainment/engineering services, contractor field service representatives, and repair/replacement of battle/crash damaged equipment.  Work is to be performed in Orlando, Fla., with an estimated completion date of Dec. 31, 2012.  One bid was solicited with one bid received.  U.S. Army Contracting Command, AMCOM Contracting Center CCAM-AP-B, Redstone Arsenal, Ala., is the contracting activity (W58RGZ-10-C-0126).

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