Lockheed Martin and Northrop Grumman Secure Defense Contracts Valued at Over $700 Million

Strategic Insights -

Lockheed Martin is being awarded a series of defense contracts worth over $650 million, while Northrop Grumman also received a significant modification to a contract for the B-2 aircraft. Meanwhile, other companies such as TASC, ARINC, and Command Technologies are being awarded contracts for engineering and technical services. The contracts are for various projects, including the development of the F-22 aircraft, the SH-60R multi-mission helicopter upgrade, and the provision of professional support services for the Air Force Technical Applications Center.

Key Takeaways:

  • Lockheed Martin is being awarded a $259.5 million modification to the Diminishing Manufacturing Sources program in support of the F-22 aircraft engineering and manufacturing development.
  • The contract involves the redesign of 18 avionics components to ensure continued procurement and is expected to be completed by September 2003.
  • Lockheed Martin is also being awarded a $176.5 million indefinite-delivery/indefinite-quantity contract to provide services for the design, construction, operation, and maintenance of mission training centers in support of the F-16 aircraft.
  • TASC, ARINC, and Command Technologies are being awarded a $54 million contract to provide engineering and technical services for the Air Force Technical Applications Center.
  • Northrop Grumman is being awarded a $15.4 million modification to the B-2 aircraft engineering and manufacturing development effort.
  • Raytheon is being awarded a $13.3 million modification to provide engineering and technical support services for the rolling airframe missile (RAM) guided missile weapon system.
  • Lockheed Martin is also being awarded a $34.2 million contract to provide engineering services for the DDG 51 class Aegis combat system installation, integration, and testing.
  • The contracts are worth over $700 million in total.

Statistics:

  • # of contracts awarded: 6
  • Total value of contracts: Over $700 million
  • Value of Lockheed Martin contracts: Over $650 million
  • Expected contract completion dates: September 2003, December 2002, May 2004, and September 2002
  • # of companies awarded contracts: 6
  • # of individuals/corporations awarded contracts: 4 (Lockheed Martin, Northrop Grumman, TASC, ARINC, Command Technologies, and Raytheon)
  • Total man-hours of engineering services awarded: 4,139,530
  • Funding obligated: $38.3 million, $176.5 million, and $13.3 million

Sources:

  • F33657-91/C-0006, P00404
  • F33657-99/D2025
  • N00019-93-C-0196
  • F08650-99-D-0034, TASC
  • F08650-99-D-0035, ARINC
  • F08650-99-D-0033, Command Technologies
  • F08650-99-D-0030, ANSER
  • F08650-99-D-0031, SAIC
  • F08650-99-0032, TASC
  • N00024-99-C-5102
  • F33657-81-C0067-P00740
  • N00024-94-C-5435