tiprankstipranks
Lockheed Martin awarded $4.1B Missile Defense Agency contract
The Fly

Lockheed Martin awarded $4.1B Missile Defense Agency contract

Lockheed Martin was awarded an indefinite-delivery/indefinite-quantity contract with a maximum ceiling amount of $4.1B. The ordering period is from May 1 through April 30, 2029, with an option to extend through April 30, 2034. Under this follow-on contract, Lockheed Martin will develop, model, integrate, test, verify, evaluate, validate, document, deliver, field, train, operate, sustain, and support updates and new capabilities to the command and control, battle management and communications, or C2BMC, system. Task Order One, enterprise management and enterprise service, will be valued at $490.41M; Task Order Two, C2BMC mission software development, will be valued at $34.22M; and Task Order Three, product execution, will be valued at $321.98M. The work will be performed at various locations worldwide. This award is a multiyear, sole source, indefinite-delivery/indefinite-quantity, with cost-plus-award-fee, cost-plus-fixed-fee, and cost contract line items. Fiscal 2024 research, development, test, and evaluation funds will be obligated on this contract. The Missile Defense Agency is the contracting activity.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles