Lockheed Scores Trio of Deals Including $920 Million Trident Missile Deal from Navy

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $920, 783, 000 fixed-price-incentive, cost-plus-incentive-fee, cost-plus-fixed-fee contract to provide Trident II (D5) missile production and deployed system support.  Work will be performed in Sunnyvale, Calif.; Bangor, Wash.; Kings Bays Ga.; and Cocoa Beach, Fla., and work is expected to be completed April 30, 2016.  Contract funds – $304, 674, 000 FY 11 O&NM and $44, 000, 000 FY 09 WPN funds will expire at the end of the current fiscal year.  This contract was not competitively procured.  The Strategic Systems Programs, Arlington, Va., is the contracting activity (N00030-11-C-0100).

“Lockheed Martin is being awarded a $20, 000, 000 cost-plus-fixed-fee delivery order #­­0003 under a previously awarded contract (N00024-10-G-6306) for engineering services to support the reliability growth effort for the Remote Minehunting System.  The objective of this delivery order is to perform tasks required to upgrade the Remote Minehunting System (RMS) design and vehicles in support of the RMS Reliability Growth Program, to include; engineering services, testing, program management and configuration management.  Work will be performed in Riviera Beach, Fla. (90 percent), and Syracuse, N.Y. (10 percent), and is expected to be completed by September 2011.  Contract funds in the amount of $3, 300, 000 will expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington, D.C., is the contracting activity.

“Lockheed Martin is being awarded a $6, 900, 000 undefinitized contract action (UCA) modification to a previously awarded cost-plus-incentive-fee contract (N00019-09-C-0010) for additional recurring sustainment and system engineering sustainment activities in support of the F-35 Joint Strike Fighter Low Rate Initial Production (LRIP) Lot IV procurement.  Work will be performed in Fort Worth, Texas (35); El Segundo, Calif. (25 percent); Warton, United Kingdom (20 percent); Orlando, Fla. (10 percent); Nashua, N.H. (5 percent); and Baltimore, Md. (5 percent), and is expected to be completed in December 2010.  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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