Lockheed Martin’s $101.5M Contract: AEGIS Development and Test Sites Operation and Maintenance
Lockheed Martin Corp., Rotary and Mission Systems, Moorestown, New Jersey, is awarded a $101,508,183 cost-plus-incentive-fee and cost-plus-fixed-fee contract for AEGIS development and test sites operation and maintenance. This contract contains options which, if exercised, would bring the cumulative value of this contract to $462,441,229. Work will be performed in Moorestown, New Jersey and is expected to be completed by January 2028. Fiscal 2020 shipbuilding and conversion (Navy) funds in the amount of $5,571,107 (46%); fiscal 2024 research, development, test and evaluation (MDA) funds in the amount of $2,200,991 (18%); fiscal 2013 shipbuilding and conversion (Navy) funds in the amount of $1,467,279 (12%); fiscal 2024 operation and maintenance (MDA) funds in the amount of $1,291,886 (11%); fiscal 2022 other procurement (Navy) funds in the amount of $984,009 (8%); fiscal 2015 shipbuilding and conversion (Navy) funds in the amount of $306,711 (2%); fiscal 2017 shipbuilding and conversion (Navy) funds in the amount of $235,627 (2%); and fiscal 2016 shipbuilding and conversion (Navy) funds in the amount of $90,633 (1%), will be obligated at time of award, of which $1,291,886 will expire at the end of the current fiscal year. This contract was not competitively procured in accordance with 10 U.S. Code 3204(a)(1) (only one responsible source and no other supplies or services will satisfy agency requirements). Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-24-C-5131).