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Contracts - Awards | Forces - Air | Lockheed Martin | Logistics | Support & Maintenance | USA

Lockheed Wins USAF Spares Contract for up to $750M

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Lockheed Martin Aeronautics Service International in Greensville, SC received a maximum $225 million fixed-price with economic price adjustment / indefinite-quantity contract. It covers integrated prime vendor support for spare parts and industrial hardware support to the U.S. Air Force air logistics centers. Under this program, Lockheed Martin will provide approximately 50,000 bench stock items for a variety of aircraft through Lockheed Martin field offices at the three air logistics centers at Robins Air Force Base, GA; Hill Air Force Base, UT; and Tinker Air Force Base, OK. This Integrated Prime Vendor program award has an initial award valued at $225 million for a base period of 3 years, and the total contract value, with options, is estimated at $750 million over 10 years. Date of completion for the base period is April 2008. There were 54 proposals solicited and 2 responded. The Defense Supply Center Philadelphia in Philadelphia, PA issued the contract (SP0540-06-D-BP01). Lockheed Martin will work with five subcontractors on the program, four of which are classified as small disadvantaged businesses. These subcontractors will be providing facilities, labor and material to support the program. See release.

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