Lockheed Martin (LMT) was awarded a $502.19M indefinite-delivery/indefinite-quantity, cost-plus-fixed fee, cost-plus-incentive-fee, fixed-price-incentive-fee, firm-fixed-price, and cost only contract for Hypervisor Technology Zero Surface Ship Undersea Warfare combat systems and spares, engineering labor, program management, and engineering other direct costs, travel, and material in support of AN/SQQ-89A(V)15 combat system development, integration, manufacturing, production, and testing. This contract includes options which, if exercised, would bring the cumulative value of this contract to $1.03B. Work is expected to be completed by January 2029. This contract was competitively procured via the System for Award Management website, with one offer received. The Naval Sea Systems Command is the contracting activity.
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