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Lockheed, BAE Systems awarded $25.36B Defense Microelectronics Activity contract

Lockheed Martin (LMT) and BAE Systems (BAESY) are each being awarded a firm-fixed-price and cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. This multiple award contract has a base ordering period of five years with two option periods, three years and two years respectively, to establish a 10-year ordering period for the Defense Microelectronics Activity Advanced Technology Support Program. The contracts share a programmatic ceiling of $25.36B. FY26 funds in the amount $5,000 per task order, for a total of $10,000, are being obligated at the time of award. The Advanced Technology Support Program V contract procures engineering development that rapidly fields emerging technologies, quickly closes capability gaps and keeps the Department of Defense ahead of electronics obsolescence issues. This multiple award contract was competitively procured with 17 offers received. Work locations and funding will be determined with each order. DMEA McClellan, California, is the contracting activity.

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