SPRPA117GC101 - BASIC ORDERING AGREEMENT FOR FIVE YEARS EXPIRES 12...

This BOA contract for Automotive Parts & Products > Sustainment S&E, Test & Measurement Supplies, Construction Related Materials > Facilities & Construction, Navigation & Communications Equipment, Fire Control > Weapon Systems, Facility Related Materials, Industrial Products & Machinery > Industrial Products & Services, Weapons > Weapons & Ammunition, High Caliber Weapons, IT Networking Hardware > Hardware, Fire & Safety Equipment > Safety Equipment, Office Products & Services, Marketing & Distribution, Aerospace & Defense > Sustainment S&E, Printed/Published Media, Transportation Equipment, Aerospace & Defense > Weapons & Ammunition, Electrical & Electronics Equipment > Electronic & Communication Equipment, Textiles, Clothing & Personal Accessories, Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles, Aerospace & Defense > Equipment Related Services, Aerospace & Defense > Industrial Products & Services, Facility Related Equipment > Facility Equipment, Consumer Products > Sustainment S&E, Package Delivery & Packaging > Transportation and Logistics Services, Construction Related Equipment > Facilities & Construction, Hardware & Tools, Aerospace & Defense > Electronic & Communication Equipment, Transportation > Transportation Related Equipment, Communications Equipment, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, IT Hardware, Logistics Equipment > Industrial Products & Services was awarded in FY2017 on Dec 22, 2016 to Lockheed Martin Corporation by NAVSUP Weapon Systems Support (WSS). There have been $595M in obligations to date with a ceiling value of $595M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 6 year duration with ultimate completion date of Feb 27, 2022.

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.

Basic Ordering Agreements (BOA) create an understanding between the Federal Government and a contractor for future purchases. When requirements, quantities, and prices are unknown, the Federal Government lacks the necessary information to compete and award a contract. The BOA establishes a method for the Federal Government to expedite a future contract award by laying the required contractual framework.

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Buying Agency/Office

Navy»Naval Supply Systems Command»NAVSUP Weapon Systems Support (WSS)

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