Lockheed Martin Rotary and Mission Systems awarded $62M contract for fiscal 2022 AEGIS modernization, DDG new construction, and Frigate new construction production requirements

Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $62,086,381 fixed-price-incentive and firm-fixed-price modification to previously awarded contract N00024-20-C-5101 for fiscal 2022 AEGIS modernization, DDG new construction, and Frigate new construction production requirements. Work will be performed in Moorestown, New Jersey (80%); and Clearwater, Florida (20%), and is expected to be completed by September 2025. Fiscal 2022 other procurement (Navy) funds in the amount of $42,685,741 (69%); fiscal 2022 shipbuilding and conversion (Navy) funds in the amount of $15,016,890 (24%); and fiscal 2022 Defense-wide procurement funds in the amount of $4,383,750 (7%) will be obligated at time of award and will not expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington, D.C. is the contracting activity.

Lockheed Martin Corporation is located in Akron, OH, United States and is part of the Navigational, Measuring, Electromedical, and Control Instruments Manufacturing Industry. Lockheed Martin Corporation has 2 employees at this location. (Employees figure is modelled). There are 1,101 companies in the Lockheed Martin Corporation corporate family. (www.dnb.com

Lockheed Martin Rotary and Mission Systems Awarded $85.5M for systems engineering and technical services for hardware and software interfaces

Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is awarded an $85,563,849 indefinite-delivery/indefinite-quantity contract with cost-plus-fixed-fee and firm-fixed-price contract line item numbers for systems engineering and technical services for hardware and software interfaces. Work will be performed in Manassas, Virginia (50%); West Bethesda, Maryland (43%); San Diego, California (1%); Bangor, Washington (1%); Pearl Harbor, Hawaii (1%); Kings Bay, Georgia (1%); Norfolk, Virginia (1%); Dahlgren, Virginia (1%); and New London, Connecticut (1%), and is expected to be completed by June 2027. Fiscal 2021 other procurement (Navy) (72%) funds in the amount of $10,326,201; 2020 other procurement (Navy) (13%) funds in the amount of $1,856,497; 2021 research, development, test, and evaluation (Navy) (6%) funds in the amount of $866,000; 2021 operation and maintenance (Navy) (6%) funds in the amount of $800,000; and 2018 shipbuilding and conversion (Navy) (3%) funds in the amount of $400,000 will be obligated at time of award, of which, funds in the amount of $800,000 will expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 2304(c)(1) — only one responsible source and no other supplies or services will satisfy agency requirements. The Naval Surface Warfare Center, Carderock Division, West Bethesda, Maryland, is the contracting activity (N00167-21-D-0007). (Awarded June 18, 2021) 

A leading global military contractor, Lockheed Martin supplies just about all kinds of aircraft to government and commercial customers. The US government is Lockheed’s biggest customer, accounting for about 71% of revenue (the Department of Defense alone accounts for 61%). It makes combat aircraft, unmanned aircraft, helicopters, satellites, and spacecraft, as well as ship and submarine combat technology and missiles and missile defense systems. Lockheed’s flagship F-35 jet fighter accounts for more than 25% of sales. (www.dnb.com)