Lockheed Martin [LMT] said recently that its Space Systems division will cut roughly 1,200 employees by year-end. It is anticipated that middle management will be reduced by 25 percent, with smaller percentage impacts in other levels. The largest impacts are expected at the company's sites in Sunnyvale, Calif., the Delaware Valley region of Pennsylvania, and Denver, Colo., where several of the company's major space programs are transitioning out of development. Overall, the division employs 16,000. Joanne Maguire, executive vice president,…
Contract Updates
Intertrade Limited (Cedar Rapids, Iowa) – $9,272,637
Intertrade Limited, Cedar Rapids, Iowa, has been awarded a maximum $9,272,637 firm-fixed-price contract for F-16 generator controls. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a four-year…
Cottonwood Inc. (Lawrence, Kansas) – $44,370,000
Cottonwood Inc.,** Lawrence, Kansas, has been awarded a maximum $44,370,000 firm-fixed-price, indefinite-quantity contract for aircraft cargo tie down straps. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(5), as stated in Federal Acquisition Regulation 8.7. This is…
Teva Pharmaceuticals USA Inc. (Parsippany, New Jersey) – $46,087,497
Teva Pharmaceuticals USA Inc., Parsippany, New Jersey, has been awarded a maximum $46,087,497 modification (P00009) exercising the third one-year option period of a five-year base contract (SPE2DP-20-D-0002) with five one-year option periods for adenovirus type 4 and type 7 vaccines.…
Northrop Grumman Systems Corp. (Oklahoma City, Oklahoma) – $64,111,631
Northrop Grumman Systems Corp., Oklahoma City, Oklahoma, has been awarded an estimated $64,111,631 delivery order (SPRTA1-26-F-0034) and modification (P00015) to a four-year subsumable base contract (SPRTA1-19-D-0001) with one five-year option period for additional pricing for the manufacture and production of…