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

You may also be interested in...

research and development

$105M DOE R&D Funding Opportunity Opens for Small Businesses

The Department of Energy plans to award $105M in total research and development grants for the second phase of its fiscal 2021 Small Business Innovation Research and Small Business Technology Transfer initiatives.

Kevin Kelly advisory board member Enlightenment Capital

Former CACI Exec Kevin Kelly Joins Enlightenment Capital Advisory Board

Kevin Kelly, former president of the national security and innovative solutions sector at CACI International (NYSE: CACI), has been named an advisory board member at investment firm Enlightenment Capital. He brings more than 25 years of government services industry experience to the board and will support Enlightenment's portfolio companies in national security business growth efforts, the company said Monday.