Commerce Award | 1305M224C0039 | NOAA/OMAO_PRODUCTION OF UP TO FOUR (4) FULLY MODIFIED C130J AIRCRAFT

1305M224C0039 - NOAA/OMAO_PRODUCTION OF UP TO FOUR (4) FULLY MODIF...

Federal Contract Award Search » Definitive Contract Award

This Definitive Contract contract for Aerospace & Defense > Sustainment S&E was awarded in FY2024 on Sep 24, 2024 to Lockheed Martin Corporation by NOAA Office of Marine & Aviation Operations (OMAO). There have been $294.2M in obligations to date with a ceiling value of $847.2M, showing a 35% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 8 year duration with ultimate completion date of Mar 30, 2032.

Lockheed Martin Corporation is a contractor located in MD, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Navy. The company receives $76.7B annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.

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Contract Number
1305M224C0039
Obligations to Date
$294.2M
Ceiling Value
$847.2M
Award Date
09/24/2024
Contract Type
Definitive Contract
Competition Set Aside Type
No set aside used

Buying Agency/Office
Commerce»National Oceanic and Atmospheric Administration (NOAA)»NOAA Office of Marine & Aviation Operations (OMAO)


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