Lockheed Martin Secures $1B Sole-Source Deal to Advance U.S. Army Strike Capabilities

Lockheed Martin Space, Littleton, Colorado, is being awarded a cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification (P00070) with a not-to-exceed amount of $1,002,700,000 under an existing contract (N00030-22-C-1025). This effort will support program management, engineering development, systems integration, long lead material, and special tooling and equipment in support of missile and launching platform production for Conventional Prompt Strike. Work will be performed in Denver, Colorado (49%); Huntsville, Alabama (35%); Sunnyvale, California (5%); Titusville, Florida (2%); various other locations (9% total). Work under this undefintized contract is expected to be completed on Aug. 31, 2028. Fiscal 2024 research, development, test and evaluation (Army) funds in the amount of $30,000,000; and fiscal 2025 research, development, test and evaluation (Army) funds in the amount of $110,000,000, will be obligated upon award. The fiscal 2024 research, development, test and evaluation (Army) funds of $30,000,000 will expire at the end of the current fiscal year. This contract was awarded as a sole source acquisition pursuant to 10 U.S. Code 3204(a)(1) and was previously synopsized on the System for Award Management (SAM.gov) online portal. Strategic Systems Programs, Washington, D.C., is the contracting activity.