N0038320GXF01 - H-60 FMS MULTI-COUNTRY VEHICLE FOR VARIOUS H60 REP...

This BOA contract for IT Hardware, Aerospace & Defense > Sustainment S&E, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, Electrical & Electronics Equipment > Electronic & Communication Equipment, Test & Measurement Supplies, Communications Equipment was awarded in FY2020 on Sep 15, 2020 to Lockheed Martin Corporation by NAVSUP Weapon Systems Support (WSS). There have been $42M in obligations to date with a ceiling value of $42M, 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 5 year duration with ultimate completion date of Sep 14, 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.

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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