LOCKHEED MARTIN CORPORATION - LETTER CONTRACT - FUNDING
Key Details
Description
LETTER CONTRACT - FUNDING
Context & Analysis
On Nov 13, 2025, Department of Defense obligated $133,142,898.68 to LOCKHEED MARTIN CORPORATION for letter contract - funding. The award is classified under NAICS 541614 — PROCESS, PHYSICAL DISTRIBUTION, AND LOGISTICS CONSULTING SERVICES and issued as a cost plus fixed fee contract. 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. This award is one of several similar procurements from Department of Defense under NAICS 541614 — related awards are listed below.
Market context
- Recompete outlook
- Ended Feb 28, 2026 (8 months ago). Recompete signal as of Oct 15, 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. 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 $133.1M, this award is larger than 19 in 20 of the 874 priced Department of Defense awards in NAICS 541614 over the last 3 years (median $148K).
- 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. — 7 awards, $655.2M
- LOCKHEED MARTIN CORP — 18 awards, $363.9M
- BELL TEXTRON INC — 1 award, $140.9M
- S & K FEDERAL SERVICES LLC — 151 awards, $67.7M
- ATKINSREALIS USA INC — 2 awards, $63.2M
Computed from USAspending award data on Oct 15, 2026.
Contractor Information
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