According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $469, 922, 290 firm-fixed-price and cost-plus-fixed-fee contract. The guided multiple rocket systems (GMLRS) unitary, Full Rate Production V procurement is to acquire 4, 770 unitary and 530 reduced range rocket pods (RRPR). This procurement covers requirements and service for the U.S., foreign partners, and Foreign Military Sales customers. The U.S. Army is to acquire 532 unitary pods, 3 stockpile reliability program pods and 18 unitary production validation test rockets. The U.S. Marine Corps is to acquire 98 unitary pods. Foreign partners are to aquire the following: Germany, 20 unitary pods; United Kingdom, 72 unitary pods; France, 43 unitary pods. Foreign Military Sales customer Jordan is to acquire 24 unitary pods. The procurement of RRPR is as follows: U.S. Army, 344 pods; U.S. Marine Corps, 120 pods; United Arab Emirates (UAE), 30 pods; and Jordan, 36 pods. Downloads/demate rocket pods are as follows: U.S. Army unitary, 538 pods; U.S. Army RRPR, 344 pods; U.S. Army 2009 supplemental, 118 pods; U.S. Marine Corps supplemental, 74 pods; U.S. Marine Corps, 98 pods; U.S. Marine Corps RRPR, 120 pods; Germany unitary, 20 pods; United Kingdom unitary, 72 pods; France unitary, 43 pods; Jordan unitary, 24 pods; UAE RRPR, 30 pods; and Jordan RRPR, 36 pods. Other requirements in support of production deliveries include: integrated logistic support; facilitization of France; GMLRS technical publications, Jordan; GMLRS multiple launch rocket system family of munitions spares; and GMLRS obsolescence. Work is to be performed in Dallas, Texas (15 percent), and Camden, Ark. (85 percent), with an estimated completion date of June 30, 2013. One bid was solicited with one bid received. U.S. Contracting Command, AMCOM Contracting Center, Redstone Arsenal, Ala., is the contracting activity (W31P4Q-10-C-0270).”
Lockheed Keeps Rolling, Snags Half-Billion Dollar Army Contract
Related Articles
Jacobs (NYSE: J) will adopt Jacobs Solutions as its new corporate name as part of a plan to implement a holding company structure on Aug. 29. Common stock of Jacobs Solutions will trade on the New York Stock Exchange under the ticker symbol “J” on an uninterrupted basis, the company said Friday. Jacobs said the
KnightSwan Acquisition has put a $10 price tag on shares for its initial public offering and expects to raise $200 million. The special purpose acquisition company intends to sell 20 million units that will trade Friday under the symbol “KNSW.U” on the New York Stock Exchange, KnightSwan said Thursday. New York-based KnightSwan offered its book-running
Kyndryl is set to kick off trading Thursday, Nov. 4, on the New York Stock Exchange under the ticker symbol “KD” following the completion of the managed infrastructure services business’ separation from IBM (NYSE: IBM). IBM said Wednesday its stockholders will get a share of common stock in the spinoff company for every five shares