N0038320GX901 - H53K

This BOA contract for Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles, Hardware & Tools, Industrial Products & Machinery > Industrial Products & Services, Aerospace & Defense > Industrial Products & Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, Ammunition & Explosives > Weapons & Ammunition, Fire & Safety Equipment > Safety Equipment, Communications Equipment, IT Hardware, Transportation > Transportation Related Equipment, Aerospace & Defense > Electronic & Communication Equipment, Consumer Products > Electronic & Communication Equipment, Construction Related Materials > Facilities & Construction, Automotive Parts & Products > Sustainment S&E, Aerospace & Defense > Sustainment S&E, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, Facility Related Equipment > Facility Equipment was awarded in FY2020 on Sep 28, 2020 to Lockheed Martin Corporation by NAVSUP Weapon Systems Support (WSS). There have been $473.5M in obligations to date with a ceiling value of $473.5M, 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 2 year duration with ultimate completion date of Sep 26, 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.

Read the full report

Buying Agency/Office

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

Read the full report