Contract Award: Lockheed Martin Corp. Rotary and Mission Systems (Syracuse, New York) – $8,298,444

Lockheed Martin Corp., Rotary and Mission Systems, Syracuse, New York, is awarded an $8,298,444 fixed-priced-incentive fee contract for Navy systems and associated equipment. This contract includes options which, if exercised, would bring the cumulative value of this contract to $117,000,000. Work will be performed in Syracuse, New York (70%); and Oldsmar, Florida (30%), and is expected to be completed by April 2023. If all options are exercised, work will continue through June 2026. Fiscal 2021 other procurement (Navy) funds in the amount of $6,298,444 (76%) and fiscal 2019 other procurement (Navy) funds in the amount of $2,000,000 (24%) will be obligated at time of award, of which funding in the amount of $2,000,000 will expire at the end of the current fiscal year. This contract was competitively procured via the Federal Business Opportunities website with one offer received. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-21-C-6113).