This is a federal contract awarded by the Southwestern Region of the Federal Aviation Administration (FAA) to Lockheed Martin Services, LLC, a subsidiary of Lockheed Martin Corp. The contract is for the NextGen HD Trajectory Management - Arrival Tactical Flow (TBFM) Program, which involves program management, systems engineering, design, testing, training, implementation, logistics support, and engineering support. The contract has a base period of 5 years with 5 option years, for a total potential period of performance of 10 years. The contract type is Cost Plus Fixed Fee, with a ceiling value of $2,285,217,727.70. The contract is not set aside for any specific business type. This contract is likely part of the FAA's broader NextGen modernization initiative to improve air traffic management capabilities.
Generated 2/7/25, 9:13 AM