Lockheed Gets $1.4 Billion Air Force Pact For F-117 Support

Source URL: http://money.aol.com/news/articles/_a/lockheed-gets-14-billion-air-force-pact/n20060928181009990010?cid=1205
Posted at: http://www.air-attack/com/news/news_article/2108

Lockheed Martin Corp. (LMT) received a $1,400,000,000 indefinite delivery/ indefinite quantity contract with cost-plus-incentive fee as the predominant contract type.

However cost-plus-fixed fee, firm-fixed-price, and time and materials may also be used on individual delivery orders as appropriate for the specific effort. This contract is for the Total System Support Partnership ( TSSP) II effort which provides continued sustainment support for the F-117 weapon system. Individual delivery orders may also be issued for aircraft modification induction, change proposal activities, supplemental sustainment support, tailored depot work packages, and aircraft disposition.

At this time, no funds have been obligated. Solicitations began December 2005 and negotiations were complete September 2006. This work will be complete September 2012. PA POC, Capt Everdeen, (937) 255-2725. Headquarters Aeronautical Systems Center, Wright- Patterson Air Force Base, Ohio, is the contracting activity. (FA8627-06-D-2160)

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