Lockheed Martin awarded $211.74M Missile Defense Agency contract modification

Lockheed Martin (LMT) was awarded a $211.74M modification to a sole source, cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price definite contract under a Foreign Military Sales case to the United Arab Emirates. A result of this modification increases the total value of the contract by $211.74M, from $517.82M to $729.56M. Under this modification, the contractor will provide maintenance and sustainment for two Terminal High Altitude Area Defense Batteries for UAE. The maintenance and sustainment scope of work includes providing logistics management, logistics product database, training, missile and ground repair and return, hardware/software development and sustainment, hardware in the loop, engineering services, missile field surveillance program, and country unique specialty engineering for FMS client. The performance period is from February 25 through October 31, 2027. One offer was solicited, and one offer was received. $211.74M of United Arab Emirates FMS funds are used to fund this effort. The Missile Defense Agency is the contracting activity.