This contract expires in 371 days (Oct 31, 2027).
LOCKHEED MARTIN CORPORATION - GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COT REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER
Key Details
Description
GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COT REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER
Context & Analysis
On Nov 25, 2025, Department of Defense obligated $1,881,184,738.34 to LOCKHEED MARTIN CORPORATION for guided multiple launch rocket system (gmlrs) and low cot reduced range practice rocket (lcrrpr) fy24 full rate production lot 19 delivery order. The award is classified under NAICS 336414 — GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING and issued as a firm fixed price contract. Competition extent: not competed. Performance is located in GRAND PRAIRIE, TX. The contract is scheduled through Oct 31, 2027 — approximately 12 months remaining. This award is one of several similar procurements from Department of Defense under NAICS 336414 — related awards are listed below.
Market context
- Recompete outlook
- Ends Oct 31, 2027, in 12 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. 10% of 187 awards in this market (Department of Defense awards in NAICS 336414 over the last 3 years) were competed; median 2 offers.
- Award size
- At $1.9B, this award is larger than three in four of the 173 priced Department of Defense awards in NAICS 336414 over the last 3 years (median $162.0M).
- Incumbent at this agency
- LOCKHEED MARTIN CORPORATION has 798 other awards from Department of Defense, totalling $117.8B, 2025–2026.
- Largest vendors in this market
By obligations, Department of Defense awards in NAICS 336414 over the last 3 years.
- RAYTHEON COMPANY — 76 awards, $26.7B
- NORTHROP GRUMMAN SYSTEMS CORP — 1 award, $11.7B
- RAYTHEON/LOCKHEED MARTIN JAVELIN JV — 4 awards, $1.9B
Computed from USAspending award data on Oct 25, 2026.
Contractor Information
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