Definitive Contract FA868223CB001

Award Date 5/18/23
Potential Completion Date 10/31/28
Potential Value $982M
Federal Agency
AFLCMC Eglin AFB
Ultimate Awardee
Lockheed Martin Corp
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Not Competed
Pricing Type
Firm Fixed Price
Place of Performance
Orlando, FL 32819, USA
Solicitation Procedures
Only One Source
Number Of Offers Received
1
Legislative Mandate
Walsh Healy Act
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed

This is a major contract award for the Long Range Anti-Ship Missile (LRASM) program, a critical missile system developed for the U.S. Department of Defense. The $981,759,318.01 definitive contract was awarded to prime contractor Lockheed Martin Corporation for LRASM production Lot 7 and Lot 8. The contract is a firm-fixed-price arrangement and is part of the larger Joint Air-to-Surface Standoff Missile (JASSM) Major Defense Acquisition Program managed by the U.S. Air Force Life Cycle Management Center. No set-aside designation was used. Key subcontractors supporting this effort include Williams International (engines), BAE Systems (electronics), Parker Hannifin (control systems), and various specialized component suppliers. The majority of the work will be performed in Orlando, Florida, with additional sites across the U.S. The contracting activity is predominantly the Air Force Life Cycle Management Center at Eglin Air Force Base.

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