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Department of Commerce Awarded a Contract to LOCKHEED MARTIN CORPORATION for $847,242,597.00

Signed on

9/24/2024, 12:00 AM

LOCKHEED MARTIN CORPORATION Government Contract #1305M224C0039

LOCKHEED MARTIN CORPORATION was awarded a contract with the United States Government for $847,242,597.00. The contract was awarded by the agency office DEPT OF COMMERCE NOAA, which is a division with the National Oceanic and Atmospheric Administration within the Department of Commerce.

Summary of Award

Lockheed Martin Corporation, based in Palo Alto, California, is the recipient of a federal contract from the Department of Commerce, funded by the National Oceanic and Atmospheric Administration. The contract, valued at $353,509,508, is for the production of up to four fully modified C130J aircraft. Notable transactions include a significant payment of $294,247,361 on the contract.

Contract Details

Contract ID1305M224C0039
Contract TypeD
Total Obligation$353,509,508.00
Exercised Options$353,509,508.00
Base Amount + Options$847,242,597.00
Date Signed2024-09-24
Contract DescriptionNOAA/OMAO_PRODUCTION OF UP TO FOUR (4) FULLY MODIFIED C130J AIRCRAFT
Start Date2024-09-30
End Date2029-09-29

Agency Details

Awarding AgencyDepartment of Commerce
Awarding Sub AgencyNational Oceanic and Atmospheric Administration
Awarding OfficeDEPT OF COMMERCE NOAA
Funding AgencyDepartment of Commerce
Funding Sub AgencyNational Oceanic and Atmospheric Administration
Funding OfficeOFFICE OF MARINE&AVIATION OPER.

Recipient Details

RecipientLOCKHEED MARTIN CORPORATION
Recipient Location3251 HANOVER ST PALO ALTO CALIFORNIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P25003$59,262,147.00June 9, 2025

National Oceanic and Atmospheric Administration, a sub agency of Department of Commerce, issued a payment of $59,262,147.00 to LOCKHEED MARTIN CORPORATION. The payment included a Subsidy Cost of $0.00.

Transaction #P25002$0.00March 28, 2025

National Oceanic and Atmospheric Administration, a sub agency of Department of Commerce, issued a payment of $0.00 to LOCKHEED MARTIN CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P25001$0.00November 18, 2024

National Oceanic and Atmospheric Administration, a sub agency of Department of Commerce, issued a payment of $0.00 to LOCKHEED MARTIN CORPORATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$294,247,361.00September 24, 2024

National Oceanic and Atmospheric Administration, a sub agency of Department of Commerce, issued a payment of $294,247,361.00 to LOCKHEED MARTIN CORPORATION. The payment included a Subsidy Cost of $0.00.