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Showing posts with label cost-plus-incentive-fee contract. Show all posts
Showing posts with label cost-plus-incentive-fee contract. Show all posts

Saturday, January 13, 2024

Missile Defense Agency Increases Lockheed Martin’s Contract to $946 Million to Support Aegis System Equipped Vessel Program

Missile Defense Agency Increases Lockheed Martin’s Contract to $946 Million to Support Aegis System Equipped Vessel Program

"...Lockheed Martin Rotary and Mission Systems, Moorestown, New Jersey, is being awarded a $271,286,879 modification (P00038) to a previously awarded Contract, HQ085121C0001 under Foreign Military Sales (FMS) Case JA-P-NCO. This modification includes cost-plus-incentive-fee and cost-plus-fixed-fee contract line items. The total value of the contract is increased by $271,856,809, from $674,477,035 to $946,333,844. The purpose of this modification is to..."

Reference: clearancejobs.com .

Monday, June 19, 2023

Lockheed Awarded $50M Army Engineering Support Contract for Missile System Segment

Lockheed Awarded $50M Army Engineering Support Contract for Missile System Segment

"...Associated work on the THAAD 5.0 Patriot Advanced Capability-3 missile segment will be done at Lockheed MFC’s Grand Prairie, Texas, location through Dec. 31, 2025, the Department of Defense said Thursday. The defense contractor received the contract following an online solicitation, under which it was the sole bidder. Army Contracting Command used fiscal 2023 missile procurement to obligate the full amount of the cost-plus-incentive-fee contract at the time of the award. ..."

Reference: www.govconwire.com .