:

Contract Award: Lockheed Martin Aeronautics Co. (Fort Worth, Texas) – $18,170,000

Defense Daily Staff

Thursday, August 31st, 2023

SHARE:

Lockheed Martin Aeronautics Co., Fort Worth, Texas, was awarded a not-to-exceed price of $18,170,000 undefinitized contract action for F-16 Systems Program Office Foreign Military Sales (FMS) support. This contract involves FMS support to the Taiwan Air Force, and the requirement is for the Taiwan F-16 Block 20 Service Life Extension Program. The work will be performed in Fort Worth, Texas, and in Taiwan, and is expected to be completed by Aug. 30, 2030. This contract was a sole source acquisition. FMS funds in the approximate amount of $4,542,500 are being obligated at time of award. The Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity (FA8232-23-F-0369).

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]