• Friday, June 2, 2023

Air Force Adds Lockheed to $499M Aerospace Platform R&D Contract


Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters.

The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, through 2025.

Northrop Grumman (NYSE: NOC) and Aurora Flight Sciences were initially awarded positions under the indefinite-delivery/indefinite-quantity contract.

Six proposals were submitted to the Air Force Research Laboratory for the shared IDIQ through a competitive procurement process.

The obligated amount of $100,000 to each contractor is from the service branch’s fiscal 2017 research and development funds.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles

Boeing Joins $499M Air Force Vehicle R&D Contract Contract Awards

Boeing Joins $499M Air Force Vehicle R&D Contract

Boeing (NYSE: BA) has won a position under the U.S. Air Force‘s potential eight-year, $499 million contract to research and develop aerospace vehicle technologies. The Defense Department said Wednesday Boeing will support the Aerospace Systems Air Platform Technology Research program from a company facility in Hazelwood, Missouri, through Aug. 31, 2025. The Air Force initially awarded the first
USAF Adds Textron Subsidiary, General Atomics to $499M Aerospace Vehicle R&D IDIQ Contract Awards

USAF Adds Textron Subsidiary, General Atomics to $499M Aerospace Vehicle R&D IDIQ

A Textron Systems (NYSE: TXT) subsidiary and a General Atomics business unit have won spots on a potential eight-year, $499 million contract to help the U.S. Air Force research and develop aerospace vehicle platforms for warfighters. AAI Corp. and General Atomics Aeronautical Systems will perform work at their respective facilities in Maryland and California through Aug. 31,
Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week Weekly Round-up

Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick look at some of this
Become a Registered Reader
Register to enjoy unlimited access to articles, interviews, and invaluable govcon content. You'll also receive our daily briefing straight to your inbox.

This will close in 0 seconds