LOCKHEED MARTIN CORPORATION - LETTER CONTRACT - FUNDING

PIID: W31P4Q23C0014Solicitation ID: W31P4Q22R0008

Signed Date: Nov 18, 2022Effective Date: Jan 1, 2023End Date: Closes in 66 days

Award $

$144.5M

Vendor

LOCKHEED MARTIN CORPORATION

NAICS

541614

Signed Date

Nov 18, 2022

Key Details

Dollars Obligated

$144.5M

Base & All Options

$240.1M

Awarding Agency

Department of Defense

Awarding Sub-Agency

Department of the Army

NAICS Code

541614 - PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES

Product Service Code

J014 - MAINT/REPAIR/REBUILD OF EQUIPMENT- GUIDED MISSILES

Extent Competed

NOT COMPETED

Number of Offers

Place of Performance

GRAND PRAIRIE, TX

Description

LETTER CONTRACT - FUNDING

Context & Analysis

On Nov 18, 2022, Department of Defense obligated $144,547,182.72 to LOCKHEED MARTIN CORPORATION for letter contract - funding. The award is classified under NAICS 541614 — PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES. Competition extent: not competed with 1 offer received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in GRAND PRAIRIE, TX. The contract is scheduled through Dec 31, 2026 — approximately 2 months remaining. This award is one of several similar procurements from Department of Defense under NAICS 541614 — related awards are listed below.

Market context

Recompete outlook: Ends Dec 31, 2026, in 2 months. Recompete signal as of Oct 26, 2026: 83/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition: Not competed. 87% of 768 awards in this market (Department of Defense awards in NAICS 541614 over the last 3 years) were competed; median 5 offers.
Award size: At $144.5M, this award is larger than 19 in 20 of the 938 priced Department of Defense awards in NAICS 541614 over the last 3 years (median $150K).
Incumbent at this agency: LOCKHEED MARTIN CORPORATION has 799 other awards from Department of Defense, totalling $121.6B, 2025–2026.
Largest vendors in this market: By obligations, Department of Defense awards in NAICS 541614 over the last 3 years.
GENERAL ATOMICS AERONAUTICAL SYSTEMS, INC. — 8 awards, $708.2M
LOCKHEED MARTIN CORP — 18 awards, $363.9M
BELL TEXTRON INC — 1 award, $140.9M
S & K FEDERAL SERVICES LLC — 155 awards, $70.0M
ATKINSREALIS USA INC — 2 awards, $63.2M