Award Record

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Record Date: January 25, 2024

Lockheed Martin Secures $90.2 Million Contract Modification for MK 41 Vertical Launching Systems

Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $90,271,480 firm-fixed-price modification to previously awarded contract N00024-23-C-5325 to exercise options for MK 41 Vertical Launching Systems. This modification combines purchases for the Navy (97%); and the government of Spain (3%), under the Foreign Military Sales (FMS) program. Work will be performed in Moorestown, New Jersey (31%); Indianapolis, Indiana (27%); Saginaw, Michigan (7%); Farmingdale, New York (6%); St. Peters, Missouri (3%); San Jose, California (2%); Radford, Virginia (1%); and various other locations (each less than 1%) (23% combined), and is expected to be completed by June 2027. Fiscal 2024 shipbuilding and conversion (Navy) funds in the amount of $63,407,220 (70%); fiscal 2024 Defense-wide procurement in the amount of $23,604,223 (26%); FMS (Spain) funds in the amount $2,716,697 (3%); and fiscal 2023 shipbuilding and conversion (Navy) funds in the amount of $543,340 (1%): and will be obligated at time of award and will not expire at the end of the current fiscal year. Naval Sea Systems Command, Washington Navy Yard, D.C., is the contracting activity (N00024-23-C-5325).