Lockheed Martin awarded $250M Navy contract modification

Lockheed Martin (LMT) was awarded a $250M modification to a previously awarded fixed-price incentive, cost-plus-fixed-fee indefinite-delivery/indefinite-quantity contract. This modification increases the contract ceiling to provide for the ongoing production of the F-35 logistics information system, which encompasses both the Autonomic Logistics Information System and Operational Data Integrated Network and Mission Planning Environment hardware, as well as associated support necessary to field the F-35 ODIN, MPE, and components of any future ODIN and MPE retrofits for the F-35A, F-35B and F-35C aircraft in support of the F-35 Joint Strike Fighter program for the Air Force, Marine Corps, Navy, Foreign Military Sales customers, and F-35 Cooperative Program Partners. Work is expected to be completed in August 2027. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract action was not competed. Naval Air Systems Command is the contracting activity.