LOCKHEED MARTIN CORP - NEXT GENERATION OVERHEAD PERSISTENT INFRARED GEOSYNCHRONOUS EARTH ORBIT SPACE VEHICLE 1-3 PHASE 1
Key Details
Description
NEXT GENERATION OVERHEAD PERSISTENT INFRARED GEOSYNCHRONOUS EARTH ORBIT SPACE VEHICLE 1-3 PHASE 1
Context & Analysis
On Dec 2, 2025, Department of Defense obligated $6,305,933,516.39 to LOCKHEED MARTIN CORP for next generation overhead persistent infrared geosynchronous earth orbit space vehicle 1-3 phase 1. The award is classified under NAICS 541715 — RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT NANOTECHNOLOGY AND BIOTECHNOLOGY) and issued as a cost plus incentive fee contract. Competition extent: not competed with 1 offer received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in SUNNYVALE, CA. The contract is scheduled through Jul 31, 2029. This award is one of several similar procurements from Department of Defense under NAICS 541715 — related awards are listed below.
Market context
- Recompete outlook
- Ends Jul 31, 2029, in 33 months. Recompete signal as of Oct 25, 2026: 65/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Not competed. 94% of 435 awards in this market (Department of Defense awards in NAICS 541715 over the last 3 years) were competed; median 999 offers.
- Award size
- At $6.3B, this award is larger than 19 in 20 of the 3193 priced Department of Defense awards in NAICS 541715 over the last 3 years (median $884K).
- Incumbent at this agency
- LOCKHEED MARTIN CORP has 118 other awards from Department of Defense, totalling $20.6B, in 2025.
- Largest vendors in this market
By obligations, Department of Defense awards in NAICS 541715 over the last 3 years.
- FLUOR MARINE PROPULSION, LLC — 2 awards, $27.8B
- LOCKHEED MARTIN CORPORATION — 11 awards, $8.0B
- THE MITRE CORPORATION — 12 awards, $5.3B
Computed from USAspending award data on Oct 25, 2026.
Contractor Information
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