Lockheed Grabs $500 Million Modification

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was issued a modification exercising the second option year on the current contract SPM540-06-D-BP01/P00184.  Award is a fixed-price with economic price adjustment, industrial product-support vendor contract with a maximum $500, 000, 000 providing broad supply chain management and logistical support of spare parts and industrial hardware relating to maintenance, overhaul, and repair missions.  Other locations of performance are Georgia, Oklahoma, and Utah.  Using service is Air Force.  The date of performance completion is April 19, 2013.  The Defense Logistics Agency Aviation, Philadelphia, Pa., is the contracting activity.”

Check Also

NASA Goddard

NASA Plans $387M Follow-On Systems Engineering IDIQ

NASA has indicated its intent to solicit proposals for a potential $387M indefinite-delivery/indefinite-quantity contract for follow-on systems engineering work at multiple facilities. The agency expects to award its second iteration of the Systems Engineering Advanced Services contract by June 1 next year.

Cubic

Cubic to Extend Support for USAF Air Combat Training System

Cubic's (NYSE: CUB) mission and performance solutions business has received a contract to help maintain nearly 1K P5 Combat Training Systems and associated infrastructure at more than 20 U.S. Air Force installations and range facilities.