Incentivizing Excellence: Lockheed Martin’s SPICE Contract Modification Reaches $1.18B Cumulative Value

Lockheed Martin Corp., Littleton, Colorado, has been awarded a $10,380,542 cost-plus-incentive-fee modification (P00060) to previously awarded contract FA8823-21-C-0001 Space Based Infrared System Contractor Logistics Support (SBIRS) Product support Integration Contract Evolution (SPICE). The modification brings the total cumulative face value of the contract to $1,176,727,086. Work will be performed at Peterson Space Force Base, Buckley SFB, Greeley Air National Guard Station, and Boulder, Colorado, and is expected to be completed by May 14, 2025. Fiscal 2023 procurement funds in the amount of $10,380,542 are being obligated at time of award. Space Systems Command, Peterson SFB, Colorado, is the contracting activity.