Lockheed Martin awarded $271.29M Missile Defense Agency contract

Lockheed Martin was awarded a $271.29M to a previously awarded contract under Foreign Military Sales, or FMS, Case JA-P-NCO. This modification includes cost-plus-incentive-fee and cost-plus-fixed-fee contract line items. The total value of the contract is increased by $271.86M, from $674.48M to $946.33M. The purpose of this modification is to increase the ceiling and extend the period of performance of the contract. The contractor will develop, test and integrate equipment, material, software and hardware end items in support of the Aegis System Equipped Vessel program. Work will be performed in Moorestown, New Jersey. The period of performance for this action is from January 1 through November 30. FMS Case JA-P-NCO funds in the amount of $64.37M are being obligated at the time of modification award. The Missile Defense Agency is the contracting activity.