2023-05-19 02:48:43 ET
- Lockheed Martin ( NYSE: LMT ) Missile and Fire Control, Orlando, Florida, was awarded a ~$750.55M firm-fixed-price contract for Lot 21 Joint Air-to-Surface Standoff Missile B-2 missiles with containers, tooling and test equipment, and spares.
- Work is expected to be completed by Aug. 18, 2027.
- This contract involves Foreign Military Sales to Australia.
- The Missile and Fire Control division was awarded another ~$443.76M firm-fixed-price contract for Lot 7 of Long-Range Anti-Ship Missile, spares, Dummy Air Training Missiles and tooling and test equipment.
- Work is expected to be completed by Jan. 18, 2027.
- Both awards are the result of a sole source acquisition.
- Air Force Life Cycle Management Center is the contracting activity for both contracts.
For further details see:
Lockheed Martin bags two Air Force contracts worth ~$750M and $443M