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Lockheed Receives $1B Logistics Support Contract for Space Based Infrared Surveillance System

Lockheed Martin (NYSE: LMT) has received a $1.01 billion sole-source contract from the Space and Missile Systems Center to provide logistics services supporting the Space Based Infrared Surveillance system.

SMC expects Lockheed to complete the requirements under the fixed-price-incentive-fee, cost-plus-incentive-fee and cost-reimbursement contract by July 1,  2026, the Department of Defense said Friday.

The defense and aerospace contractor will perform work at four locations within Colorado, including the Peterson and Buckley Air Force Bases and the Greeley Air National Guard Station.

The center will use money from the fiscal year 2021 operation and maintenance budget.

SBIRS is a network of satellites and hosted payloads that use infrared surveillance to detect missile launches. The SBIRS Center at Buckley AFB uses the data provided by overhead sensors to deliver battlespace awareness, intelligence and round-the-clock tactical alerts.

Lockheed is the developer of the GEO-5 and GEO-6 early missile warning satellites.

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