GS35F4863G - FEDERAL SUPPLY SCHEDULE CONTRACT

This FSS contract for Program Management, Business Admin Services, Science/Engineering > Professional Services, Records Management > Professional Services, IT Outsourcing, Industrial Products & Machinery > Industrial Products & Services, Acquisition Support, IT Software, IT Hardware, Communications Equipment, Telecommunications, IT Consulting, Aerospace & Defense > Research and Development was awarded in FY1997 on Jun 1, 1997 to Lockheed Martin Corporation by . There have been $408.1M in obligations to date with a ceiling value of $408.1M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 13 year duration with ultimate completion date of Dec 2, 2010.

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.

The General Services Administration (GSA), the central acquisition entity within the Federal Government, manages a catalog of Multiple Award Schedules (MAS). The GSA uses MAS to establish lines of business or cohorts of contractors grouped by similar goods and services. Schedules are open to all government customers and provide a streamlined process to procure various professional services, IT services, and products, ranging from cars to hardware.

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