Ptms IPP turbo machine

Ended Awarded Last action

Contract number
N0001924F0275
Awardee
Awarding agency
Obligated
$1,181,569

Award facts

Contract value 100% obligated
$1,181,569.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Naval Air Systems Command Department of the Navy, Department of Defense
NAICS code
336411 Aircraft Manufacturing
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Cost Plus Incentive
Place of performance
Fort Worth, TX 76108, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action A00001 · Update section f to include 90-day clin closure language. $0
Original award $1,181,569

About this award

Lockheed Martin Aeronautics Company, a division of Lockheed Martin Corporation, received a $1.18M delivery order from the Naval Air Systems Command (NAVAIR) on September 17, 2024, for the PTMS IPP Turbo Machine component supporting the F-35 Lightning II Joint Strike Fighter Program. This Cost Plus Incentive Fee contract, which carries no small business set-aside designation, is scheduled for completion by March 31, 2026, and will be performed in Fort Worth, Texas. The delivery order represents a task order issued under the broader F-35 program structure managed through NAVAIR, which oversees sustainment and supply activities for this fifth-generation multirole stealth fighter aircraft operated by the U.S. Air Force, Navy, Marine Corps, and international allies.

The award falls within the context of the F-35 Lightning II Joint Strike Fighter Program, a Major Defense Acquisition Program classified as Acquisition Category ID. Lockheed Martin Aeronautics serves as the prime contractor responsible for airframe design, systems integration, and sustainment across the F-35 fleet. As a Major Defense Acquisition Program managed through the Major Capability Acquisition pathway, the F-35 program encompasses development, production, and sustainment of advanced fighter aircraft systems, with contract awards ranging from specialized component procurements to comprehensive system integration efforts. NAVAIR's selection of Cost Plus Incentive Fee pricing reflects the technical complexity and performance-based nature of propulsion system components critical to fighter aircraft operations.

Quick answers

Who was awarded contract N0001924F0275?

N0001924F0275 was awarded to Lockheed Martin Corporation by Defense Contract Management Agency (Department of Defense) on September 17, 2024.

How much is contract N0001924F0275 worth?

The government has obligated $1,181,569 on N0001924F0275.

Which agency awarded contract N0001924F0275?

Defense Contract Management Agency (Department of Defense) awarded N0001924F0275, with funding from Naval Air Systems Command (Department of the Navy).

Is contract N0001924F0275 an order under another contract?

Yes. N0001924F0275 is a delivery order under N0001924G0010, a basic ordering agreement.

Was contract N0001924F0275 competed?

The extent of competition for N0001924F0275 was not competed. The government received 1 offer.

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