Lockheed Martin has been awarded a contract modification valued at $514.4 million by the U.S. Department of War for the production of Space Vehicles 23 and 24, the department announced Thursday.
The recent change raises the cumulative face value of the original agreement to $4.68 billion, up from $4.17 billion. The underlying contract is listed as FA8807-18-C-0009, and the most recent modification is recorded under P00200.
According to the announcement, work on the two space vehicles will be carried out at Lockheed Martin's facility in Littleton, Colorado. The completion date for the work is set for Nov. 30, 2032. At the time the modification was awarded, fiscal 2026 procurement funds totaling $514.4 million were obligated.
The contracting activity is identified as the Space Systems Command's Satellite Communications and Positioning, Navigation, and Timing Contracting Division located in Los Angeles, California. The company itself is based in Littleton, Colorado.
This modification is notable within the life of the original contract: it represents the 200th change to the agreement, which was first awarded in 2018.
Summary of the award
- Modification amount: $514.4 million for Space Vehicles 23 and 24.
- Cumulative contract face value after modification: $4.68 billion, up from $4.17 billion.
- Contract reference: FA8807-18-C-0009; modification identifier: P00200.
- Primary work location: Littleton, Colorado facility.
- Expected completion date: Nov. 30, 2032.
- Funding: Fiscal 2026 procurement funds of $514.4 million obligated at award.
- Contracting authority: Space Systems Command - Satellite Communications and Positioning, Navigation, and Timing Contracting Division, Los Angeles, California.
- Contract history: 200th modification to the original 2018 award.
Key points
- The modification increases the original contract's cumulative value to $4.68 billion, reflecting continued procurement activity under FA8807-18-C-0009.
- Work is scheduled at Lockheed Martin's Littleton, Colorado facility, with a contract completion date set for Nov. 30, 2032.
- Fiscal 2026 procurement funds equal to the modification amount were obligated at the time of award, indicating funding was allocated when the change was issued.
Risks and uncertainties
- Schedule uncertainty - the announcement specifies an expected completion date of Nov. 30, 2032; the inherent uncertainty associated with meeting long-term completion timelines is a factor for this work.
- Contract modification frequency - this is the 200th change to the original contract awarded in 2018, which highlights the degree of amendment activity within this agreement.
- Funding reliance - while fiscal 2026 procurement funds were obligated at award for this modification, the announcement does not provide additional fiscal details beyond that obligation.