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Lockheed to Develop, Engineer Missile Tech Under $84M Navy IDIQ

Lockheed to Develop, Engineer Missile Tech Under $84M Navy IDIQ - top government contractors - best government contracting event

Lockheed to Develop, Engineer Missile Tech Under $84M Navy IDIQ - top government contractors - best government contracting event

Lockheed Martin has received a potenrtial five-year, $84.1M contract from the U.S. Navy to develop, engineer and demonstrate technology for four missile baseline weapon systems.

The Navy asked the company's missile and fire control business to rapid technology development efforts for the Hellfire, Joint Air-to-Surface Standoff Missile, Long Range Anti-Ship Missile and Joint Air-to-Ground Missile systems, the Department of Defense said Tuesday.

Work under the cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract will occur through March 2024 and includes design and development studies, demonstration and engineering efforts.

The Naval Air Warfare Center will obligate $4.6M at the time of award from the service's fiscal 2018 research, development, test and evaluation funds.

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