COST PLUS INCENTIVE FEENO SET ASIDE USED.

LOCKHEED MARTIN CORPORATION - ENGINEERING DESIGN AND DEVELOPMENT (USN)

PIID: N0002420C6117Solicitation ID: N0002420R6117

Signed Date: Nov 12, 2025Effective Date: Jul 17, 2020End Date: Closes in 1919 days

Award $

$931.6M

Vendor

LOCKHEED MARTIN CORPORATION

NAICS

334511

Signed Date

Nov 12, 2025

Key Details

Dollars Obligated

$931.6M

Base & All Options

Awarding Agency

Department of Defense

Awarding Sub-Agency

Department of the Navy

NAICS Code

334511 - SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING

Product Service Code

1287 - FIRE CONTROL SONAR EQUIPMENT

Extent Competed

NOT COMPETED

Number of Offers

Place of Performance

MANASSAS, VA, 201102007, CD-VA-10

Description

ENGINEERING DESIGN AND DEVELOPMENT (USN)

Context & Analysis

On Nov 12, 2025, Department of Defense obligated $931,600,144.26 to LOCKHEED MARTIN CORPORATION for engineering design and development (usn). The award is classified under NAICS 334511 — SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL, AND NAUTICAL SYSTEM AND INSTRUMENT MANUFACTURING 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 MANASSAS, VA. The contract is scheduled through Jan 28, 2032. This award is one of several similar procurements from Department of Defense under NAICS 334511 — related awards are listed below.

Market context

Recompete outlook: Ends Jan 28, 2032, in 63 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. 46% of 997 awards in this market (Department of Defense awards in NAICS 334511 over the last 3 years) were competed; median 2 offers.
Award size: At $931.6M, this award is larger than 19 in 20 of the 1974 priced Department of Defense awards in NAICS 334511 over the last 3 years (median $29K).
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 334511 over the last 3 years.
RAYTHEON COMPANY — 45 awards, $10.0B
NORTHROP GRUMMAN SYSTEMS CORPORATION — 7 awards, $3.1B

Computed from USAspending award data on Oct 25, 2026.

Contractor Information

Contractor: LOCKHEED MARTIN CORPORATION

UEI: NMHFLDYJJ4C5

CAGE Code: 52088

Location: MANASSAS, VA

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View Full Record on USASpending.gov