Lockheed Martin awarded $108.3M government contract
Lockheed Martin Missiles and Fire Control, Grand Prairie, Texas, has been awarded a $108,322,712 single award, fixed-price-incentive-firm and firm-fixed-price contract for Advanced Radar Threat System Variant 2. Contractor will provide the development and test of an ARTS-V2 production representative article and options to produce up to 20 systems. Work is expected to be complete by June 30, 2027. This award is the result of a competitive acquisition with two offers received. Fiscal 2017 research, development, test, and evaluation funds in the amount of $24.7M are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity.