Hello, Guest!
  • Friday, November 22, 2024

USAF Awards Lockheed Potential $7B F-22 Sustainment IDIQ


Lockheed Martin (NYSE: LMT) has secured a potential five-year, $7 billion indefinite-delivery/indefinite-quantity contract to help sustain the U.S. Air Force‘s fleet of F-22 air vehicles.

The Defense Department said Thursday Lockheed’s aeronautics business unit will perform work at various locations within and outside the continental U.S. that include Air Force and joint bases in Alaska, California, Florida, Georgia, Hawaii, Nevada, Oklahoma, Texas, Utah and Virginia.

Sustainment work on the F-22 fleet will also take place at overseas facilities, support bases and other locations.

The Air Force Life Cycle Management Center is the contracting activity and the service branch obligated $1.9 million in fiscal 2018 operations and maintenance funds at the time of award.

The sole-source contract has a base ordering period of five years and work could extend through Dec. 31, 2027, if all options are exercised.

Video of the Day

Related Articles

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ Contract Awards

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ

Eight companies have won spots on a five-year, $701 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to repair, maintain and modernize non-nuclear surface ships homeported in Mayport, Florida. The contractors will conduct continuous maintenance emergent maintenance of the ship and provide short-term support to the Chief of Naval Operations, the Department of Defense said Wednesday.

Air Force Posts Solicitation for Potential $5.7B Combat Air Force Support Follow-On Contract News

Air Force Posts Solicitation for Potential $5.7B Combat Air Force Support Follow-On Contract

The U.S. Air Force has begun seeking proposals for a potential $5.7 billion follow-on multiple-award contract to provide combat air forces contracted air support services to help protect U.S. assets against advanced airborne threats. CAF CAS II seeks to procure non-personal services for realistic advanced adversary air threats and close air support threats to support

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,