Lockheed, Air Force Enter $164M Supplemental Agreement on Spaced-Based IR System Logistics Support

Jeff Brody

Lockheed Martin (NYSE: LMT) will continue to provide logistics support for the U.S. Air Force's space-based infrared system under a one-year, $163.9M contract modification.

The award serves as bilateral supplemental agreement the Air Force implemented in accordance with the justification and approval 18-14 policy, the Department of Defense said Wednesday.

Locations of work include Peterson AF Base, Buckley AFB and Greeley Air National Guard Station in Colorado.

The Air Force will finance services using fiscal 2020 operations and maintenance funds.

SBIRS is equipped with overhead sensors that work to collect data for intelligence, situational awareness and missile warning missions

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