10 U.S.C. 4022
Ended Other Transaction Agreement Awarded Last action
- Contract number
- FA86502499601
- Awardee
-
Lockheed Martin Corporation UEI H7PNSVNN5827 Part of Lockheed Martin Corp
- Awarding agency
-
Air Force
Department of Defense
- Obligated
- $22,533,757
Award facts
- Contract value 77% obligated
-
- $22,533,757.00 Current, with exercised options
- $29,214,330.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- USAF DFAS Air Force, Department of Defense
- NAICS code
- Not on record
- Competition
- Not Competed Program Solicitation
- Pricing
- Other
- Place of performance
- Sand Lake, FL 32819, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $5,933,412 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $34,264 | |
| Funding Only Action | $1,478,417 | |
| Exercise an Option | $9,087,664 | |
| Funding Only Action | $5,000,000 | |
| Original award | $1,000,000 |
About this award
The Department of the Air Force awarded an Other Transaction Agreement to Lockheed Martin Corporation, operating through its subsidiary Lockheed Martin Aerostructures, on September 30, 2024, for Rapid Dragon palletized effect development and production under the statutory authority of 10 U.S.C. § 4022, with a ceiling value of $29,214,330.
The OTA sits outside the FAR and reflects the Air Force's use of prototype and production flexibilities under Section 4022. Work is performed in Sand Lake, Florida, with the ultimate completion date of July 30, 2027. Lockheed Martin Aerostructures, a subsidiary focused on advanced targeting sensors and precision-guided missile systems, is the prime awardee operating under the parent company Lockheed Martin Corp. The subsidiary maintains a substantial government portfolio anchored to Air Force and Army programs, with particular depth in precision-guided missile design and manufacturing; Rapid Dragon falls within the company's core competency in air-launched systems and palletized payload integration. No subcontractor team or consortium structure is named in the award documentation, indicating a prime-led effort without subordinate consortium members.
Quick answers
Who was awarded contract FA86502499601?
FA86502499601 was awarded to Lockheed Martin Corporation by Air Force (Department of Defense) on September 30, 2024.
How much is contract FA86502499601 worth?
The government has obligated $22,533,757 on FA86502499601. Its potential value, with all options, is $29,214,330.
Which agency awarded contract FA86502499601?
Air Force (Department of Defense) awarded FA86502499601, with funding from USAF DFAS (Air Force).
Was contract FA86502499601 competed?
The extent of competition for FA86502499601 was not competed.
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