The scope of this effort is to perform detailed design, manufacturing, analysis, and testing of prototype missile launcher systems. The contractor shall provide hardware and software integration, test…

Active Other Transaction Agreement Awarded Last action

Contract number
HY02332690028
Awardee
Awarding agency
Obligated
$230,000,000

Award facts

Contract value 57% obligated
$400,525,796.00 Current and potential, with all options
Completion date 16% complete
Current and potential, with all options
NAICS code
Not on record
Competition
Competed Program Solicitation
Pricing
Other
Place of performance
Moorestown, NJ, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 $100,000,000
Other Administrative Action P00001 $0
Original award $130,000,000

About this award

The Office of the Secretary of Defense awarded an Other Transaction Agreement to Lockheed Martin Corporation for $400.525 million on June 24, 2026, to perform detailed design, manufacturing, analysis, and testing of prototype missile launcher systems, including hardware and software integration, test support, and performance analysis. This OTA sits outside the FAR and operates under alternative procurement authority.

Performance concludes June 30, 2028. Work is performed at Lockheed Martin's Rotary and Mission Systems Division facility in Moorestown, New Jersey. The RMS Division, a subsidiary of Lockheed Martin Corp (a large, publicly traded defense contractor), specializes in advanced naval combat systems, radar engineering, ballistic missile defense systems, and defense electronics. The division's primary federal customers are the Department of the Navy (Naval Sea Systems Command and Missile Defense Agency), which anchor approximately $47 billion of its combined potential value across recent awards. The division operates as a prime contractor on complex systems integration efforts and engages subcontractors including Raytheon Company, Huntington Ingalls Incorporated, and Collins Aerospace Government Systems for specialized combat systems engineering and component manufacturing.

Description

The scope of this effort is to perform detailed design, manufacturing, analysis, and testing of prototype missile launcher systems. The contractor shall provide hardware and software integration, test support, and performance analysis as needed.

Quick answers

Who was awarded contract HY02332690028?

HY02332690028 was awarded to Lockheed Martin Corporation by Office of the Secretary of Defense (Department of Defense) on June 24, 2026.

How much is contract HY02332690028 worth?

The government has obligated $230,000,000 on HY02332690028. Its current value, with exercised options, is $400,525,796.

Was contract HY02332690028 competed?

The extent of competition for HY02332690028 was competed.

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