MoCo-Based Lockheed Martin Awarded $1.42 Billion Contract

by MCS Staff

The United States Department of Defense announced the contract awarded to Bethesda’s Lockheed Martin

Lockheed Martin, which is headquartered in Montgomery County, has been awarded a $1,420,000,000 indefinite-delivery/indefinite-quantity contract for the C-130J mission sustainment support effort.

This contract provides for contractor logistics support and sustainment of the C-130J aircraft fleet. Work will be performed in Marietta, Georgia, and is expected to be completed by Jan. 31, 2032.

This award is the result of a sole source acquisition. Fiscal 2022 operations and maintenance funds in the amount of $91,023,138 are being obligated at the time of award. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity (FA8504-22-D-0001).

Earlier this morning, we reported Lockheed Martin’s fourth quarter and full year 2021 financial results.

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