Stock Markets June 24, 2026 05:53 PM

Lockheed Martin Secures Roughly $205.5 Million in Three U.S. Department of War Awards

Modifications and an undefinitized action cover HH-60W spare parts, long-range radar support, and AH-64 sensor logistics

By Marcus Reed
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Lockheed Martin has been awarded three contract actions from the U.S. Department of War totaling about $205.5 million. The awards include a large modification for HH-60W spare parts that adjusts cumulative contract value, a funds add on for long-range radar support and spares, and an undefinitized contract action for AH-64 Apache sensor logistics and obsolescence work.

Lockheed Martin Secures Roughly $205.5 Million in Three U.S. Department of War Awards
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Key Points

  • Lockheed Martin received three Department of War contract actions totaling approximately $205.5 million covering spare parts, radar support, and AH-64 sensor logistics.
  • Awards adjust cumulative contract totals for two lines and include an undefinitized contract action, with completion dates ranging from Dec. 31, 2026 to March 18, 2030.
  • Sectors impacted include defense contracting, aerospace and military systems logistics and maintenance.

Lockheed Martin Corp. has received three contract actions from the U.S. Department of War that together total approximately $205.5 million, the Department of War announced.

The largest of the actions is a $126,946,760 modification awarded to Lockheed Martin Rotary Mission Systems in Stratford, Connecticut. That modification covers initial spare parts for HH-60W Lot Five helicopters. According to the announcement, the modification definitizes an undefinitized contract action and revises the contract's total cumulative value to $6,436,655,078 from $6,455,719,950. Work on this line item is scheduled to be performed in Stratford, Connecticut, with an expected completion date of March 18, 2030.

Another award was a $11,826,317 modification granted on June 16, 2026, to Lockheed Martin Rotary and Mission Systems in Liverpool, New York. The modification pertains to the Three-Dimensional Expeditionary Long-Range Radar program and funds interim contractor support along with additional spares. The announcement states this action increases the total cumulative contract value to $592,949,700 from $581,123,383. Work for this modification is expected to conclude by May 16, 2028.

The third action is a $66,759,431 undefinitized contract action awarded to Lockheed Martin Corp. in Orlando, Florida. That award is for the AH-64 Apache Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS) performance-based logistics program. The contract covers obsolescence mitigation, replacement configurations, and redesign efforts for the AH-64 Apache Attack Helicopter. Work under this undefinitized contract action is to be completed by Dec. 31, 2026.

Collectively, the three actions amount to about $205.5 million. The Department of War announcement follows a prior Lockheed Martin announcement concerning a $35 billion THAAD Seven-Year Procurement Award, which the Department of War later confirmed.


Contract specifics at a glance

  • HH-60W Lot Five spare parts modification - $126,946,760; cumulative value adjusted to $6,436,655,078; completion by March 18, 2030.
  • Three-Dimensional Expeditionary Long-Range Radar modification - $11,826,317; cumulative value adjusted to $592,949,700; completion by May 16, 2028.
  • AH-64 M-TADS/PNVS undefinitized contract action - $66,759,431; covers obsolescence and redesigns; completion by Dec. 31, 2026.

Risks

  • Two actions reference adjustments to cumulative contract values and one action remains undefinitized - indicating ongoing administrative or contractual finalization risks for the programs.
  • All three awards set future completion dates - schedule risk exists as work is planned through Dec. 31, 2026 and as late as March 18, 2030, which could affect program timelines and logistics planning.

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