Lockheed Receives $200M for GPS III 5 and 6
Lockheed Martin Corporation has been awarded $200 million to produce GPS III satellites SV05 and SV06 by the U.S. Air Force. Lockheed Marin originally received funding to procure long-lead parts for satellites five through eight (SV05-08) in February.
The award is a $200,700,415 cost-plus-incentive-fee modification (P00276) on an existing contract (FA8807-08-C-0010). Work will be performed at Littleton, Colorado, and Clifton, New Jersey.
Work is expected to be completed by December 14, 2017, for space vehicle 05, and June 14, 2018, for space vehicle 06.
Fiscal 2013 missile procurement funds in the amount of $200,700,415 are being obligated at time of award. The Air Force Space and Missile Systems Center Contracting Directorate, Los Angeles Air Force Base, California, is the contracting activity.
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