Lockheed Martin defense contract for the Navy given on 6/10/2011

Principle Contractor: Lockheed Martin
Date Reported: 6/10/2011
Department: Navy

Contract Details: Lockheed Martin, Baltimore, Md., is being awarded an $80,174,040 firm-fixed-price contract for MK 41 Vertical Launching System (VLS) electrical modules and related equipment. The MK 41 VLS provides a missile launching system for CG 47 and DDG 51 class surface combatants, allied Navy surface combatants, and Aegis Ashore requirements for Missile Defense Agency’s Ground Ballistic Missile Defense Program. It is the primary missile launching system aboard Navy combatants used to store, safe, inventory and launch missiles of various types. This contract includes options which, if exercised, would bring the cumulative value of this contract to $135,879,787. Work will be performed in Baltimore, Md. (29.5 percent); Ft Walton Beach, Fla. (18.8 percent); Moorestown, N.J. (11.6 percent); Lewisburg, Tenn. (10.1 percent); Johnstown, Pa. (9.2 percent); Owego, N.Y. (9.0 percent); Simpsonville, S.C. (5.5 percent); Clearwater, Fla. (3.2 percent); and Sterling Heights, Mich. (3.1 percent). Work is expected to be completed by June 2015. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-11-C-5302).

Total Contract Value: $80,174,040

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