Lockheed Martin awarded $132.98M Navy delivery order

Lockheed Martin (LMT) was awarded $132.98M for a firm-fixed-price delivery order, under previously awarded contract for the procurement of 128 main rotor blade assemblies in support of the CH-53K aircraft. This contract contains no options. All work will be performed in Stratford, Connecticut and work is expected to be completed by October 2032. Annual working capital funds in the amount of $58.03M; and Foreign Military Sales customer funds in the amount of $7.13M will be obligated at the time of award, and funds will not expire at the end of the current fiscal year. One company was solicited for this sole-source requirement pursuant to the authority set forth in 10 U.S. Code 3204 (a)(1), with one offer received. Naval Supply Systems Command Weapon Systems Support is the contracting activity.

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