Navy Award | N0003019C0025 | IR CPS WS DEVELOPMENT AND INTEGRATION

N0003019C0025 - IR CPS WS DEVELOPMENT AND INTEGRATION

Federal Contract Award Search » Definitive Contract Award

This Definitive Contract contract for Aerospace & Defense > Research and Development was awarded in FY2019 on Dec 20, 2018 to Lockheed Martin Corporation by Strategic Systems Programs (SSP). There have been $3.5B in obligations to date with a ceiling value of $3.5B, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 7 year duration with ultimate completion date of Jun 19, 2025.

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
N0003019C0025
Obligations to Date
$3.5B
Ceiling Value
$3.5B
Award Date
12/20/2018
Contract Type
Definitive Contract
Competition Set Aside Type
No set aside used

Buying Agency/Office
Navy»Strategic Systems Programs (SSP)


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