Reinforcing Naval Arsenal: Lockheed Martin’s Contract Climbs to $633.25M

Lockheed Martin Missiles and Fire Control, Orlando, Florida, has been awarded an $11,870,018 firm-fixed-price contract modification (P00003) to previously awarded contract FA8682-23-C-B001 for the exercise of an option for four additional Lot 8 Long Range Anti-Ship Missiles with containers being produced under the basic contract, and replenishment spares for the Navy. The modification brings the total cumulative face value of the contract to $633,251,559. Work will be performed in Orlando, Florida; and Troy, Alabama, and is expected to be completed by July 18, 2027. Fiscal 2024 Navy weapons procurement funds are being obligated at time of award. The Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.