Lockheed Martin Secures $86.7M Navy Contract for Advanced Payload Modules

Lockheed Martin Space, Littleton, Colorado, was awarded an $86,700,000 cost-plus-incentive-fee, undefinitized contract action (N0003022C1025P00062) for the procurement and delivery of advanced payload modules. Work will be performed in Denver, Colorado (52%); Huntsville, Alabama (36%); Sunnyvale, California (8%); Michoud, Louisiana (2%); Stennis, Mississippi (1%); and at various other locations (1% total). Work is expected to be completed on Sept. 30, 2027, once the contract is definitized. Fiscal 2025 other procurement (Navy) funds in the amount of $43,350,000 will be obligated on this award. No funds will expire at the end of the current fiscal year. This contract was awarded on a sole source basis 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.