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AwardTape · Defense awards · Ships and marine · Combat ships and landing vessels · N0002418C2300

N0002418C2300: $119.6M definitive contract to Lockheed Martin Corporation

Lockheed Martin Corporation holds a definitive contract from Department of the Navy with $119.6M obligated since Oct 2023 and $1.6B obligated over its life, against a ceiling of $2.2B. Latest action May 14, 2026.

Construction of LCS flight 0+ ship

PIIDN0002418C2300
Typedefinitive contract
CompanyLockheed Martin Corporation
AgencyDepartment of the Navy
Contracting officeSUP OF SHIPBUILDING CONV AND REPAIR
CategoryShips and marine · Combat ships and landing vessels
PSC1905 COMBAT SHIPS AND LANDING VESSELS
NAICS336611 SHIP BUILDING AND REPAIRING
Obligated since Oct 2023$119.6M
Total obligated (lifetime)$1.6B
Ceiling (base and all options)$2.2B
Base dateOct 6, 2017
Latest actionMay 14, 2026
End dateApr 30, 2027
Actions since Oct 202362
PricingFixed price incentive
CompetitionCompeted after exclusion of sources
Place of performanceMD
SourceUSAspending.gov record
Reporting lagDoD 90 days
About this record

Source: USAspending.gov prime award data (FPDS), DoD and DHS contracts, orders and IDVs with any action since Oct 1, 2023. Obligated FY2024+ sums the obligations on those actions; total obligated is the award's lifetime figure. DoD contract actions publish on USAspending about 90 days after signing (DFARS PGI 204.6), so the latest DoD actions here trail the calendar by about 3 months. Place of performance shows the state only.

Terminal: alerts on new orders and modifications to this contract, and CSV export.

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