Search

Contract Award: Lockheed Martin Missiles and Fire Control (Orlando, Florida) – $11,870,018

Lockheed Martin Missiles and Fire Control, Orlando, Florida, has been awarded an $11,870,018 firm-fixed-price contract modification (P00003) to previously awarded contract FA8682-23-C-B001 for the exercise of an option for four additional Lot 8 Long Range Anti-Ship Missiles with containers being produced under the basic contract, and replenishment spares for the Navy. The modification brings the total cumulative face value of the contract to $633,251,559. Work will be performed in Orlando, Florida; and Troy, Alabama, and is expected to be completed by July 18, 2027. Fiscal 2024 Navy weapons procurement funds are being obligated at time of award. The Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.



Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]