Lockheed Martin Corp. Awarded Contract Modification Worth $16,572,366 for precision guided munitions and rockets

United States, Sept. 25 -- Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $16,572,366 modification (P00060) to contract (W31P4Q-24-C-0007) to support the anti-jam application for precision guided munitions and rockets.The modification brings the total cumulative face value of the contract to $238,695,907. Work will be performed in Grand Prairie, Texas, with an estimated completion date of Sept. 24, 2027.Fiscal 2025 research, development, test and evaluation, Army funds in the amount of $9,911,910 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

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