Defense Giants Split $2.4B Sustainment Award

The U.S. Air Force granted a series of contract modifications to Boeing, Lockheed, and other defense suppliers in its strategy to streamline prototype development, production, and sustainment.
Nov. 22, 2021

Boeing Co. and Lockheed Martin Corp. are among a series of defense system manufacturers covered by a combined $2.4-billion contract the U.S. Air Force granted to multiple existing, indefinite-delivery/indefinite-quantity contracts that, reportedly, will ensure production and sustainment of various products and services, and allow the Air Force to streamline prototype development, production, and sustainment.

Other manufacturers covered by the contract modification are BAE Systems Inc., Northrup Grumman Systems, Raytheon Corp., and Rockwell Collins Inc., and several more.

listed above, comprised of firm-fixed-price, fixed-price-incentive-firm, cost-plus-fixed-fee, cost-plus-incentive-firm, and cost reimbursable contract line items.

The work will be carried out in multiple U.S. locations, and the award funding will cover project through January 2028.

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