Lockheed Wins $989M for Air-Launched Rapid Response Weapon
(Source: US Department of Defense; issued Dec. 02, 2019)
The contract modification will definitize the contract terms, specifications and price.
Work will be performed at Orlando, Florida, and is expected to be completed Dec. 31, 2022.
The total cumulative face value of the contract is $988,832,126.
Fiscal 2020 research, development, test and evaluation funds are being obligated in the amount of $23,000,000 at the time of award.
The Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.
Source: Defense Aerospace