This contract expires in 67 days (Dec 31, 2026).

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FIXED PRICE INCENTIVENO SET ASIDE USED.

LOCKHEED MARTIN CORPORATION - BASIC AWARD

PIID: N0002411C2300Solicitation ID: N0002410R2301
Signed Date: Oct 28, 2025Effective Date: Dec 29, 2010End Date: Closes in 67 days
Award $
$5.0B
Vendor
LOCKHEED MARTIN CORPORATION
NAICS
336611
Signed Date
Oct 28, 2025

Key Details

Dollars Obligated
$5.0B
Base & All Options
$-6,666
Awarding Agency
Department of Defense
Awarding Sub-Agency
Department of the Navy
Product Service Code
1905 - COMBAT SHIPS AND LANDING VESSELS
Extent Competed
FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers
2
Place of Performance
MIDDLE RIVER, MD, 212204207, CD-MD-02

Description

BASIC AWARD

Context & Analysis

On Oct 28, 2025, Department of Defense obligated $4,980,508,595.15 to LOCKHEED MARTIN CORPORATION for basic award. The award is classified under NAICS 336611 — SHIP BUILDING AND REPAIRING and issued as a fixed price incentive contract. Competition extent: full and open competition after exclusion of sources with 2 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in MIDDLE RIVER, MD. 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 336611 — related awards are listed below.

Market context

Recompete outlook
Ends Dec 31, 2026, in 2 months. Recompete signal as of Oct 14, 2026: 72/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 2 offers. 87% of 995 awards in this market (Department of Defense awards in NAICS 336611 over the last 3 years) were competed; median 2 offers.
Award size
At $5.0B, this award is larger than 19 in 20 of the 1174 priced Department of Defense awards in NAICS 336611 over the last 3 years (median $708K).
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 336611 over the last 3 years.

Computed from USAspending award data on Oct 14, 2026.

Contractor Information

UEI: MJENSFHZJP11
CAGE Code: 38597
Location: BALTIMORE, MD
View Full Record on USASpending.gov

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