Contract FA821924C0001

Lockheed Martin Corp · Department Of Defense · July 2, 2024

Cost Plus Incentive FeeFull & Open CompetitionNAICS 541330

Lockheed Martin Corp was awarded a federal contract by Department Of Defense (Department Of The Air Force) on July 2, 2024 for $826.83 million of work in engineering services. Performance is in King Of Prussia, PA. It was awarded under full and open competition. The contract has been modified 8 times since the base award It uses cost-plus contract pricing. The most recent modification was on December 15, 2025. If all options are exercised, the contract could reach $2.03 billion.

Obligated to date
$826.83M
$826,830,875
Current value
$2.03B
Modifications
8
Latest December 15, 2025

Contract details

PIID
FA821924C0001
Award type
Definitive Contract
Pricing
Cost Plus Incentive Fee
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
541330 · Engineering Services
Product / service
National Defense R&D Services; Atomic Energy Defense Activities; R&D Administrative Expenses
Place of performance
King Of Prussia, PA
First action
July 2, 2024
Latest action
December 15, 2025

Description

PROCURING MK21A EMD

Modification timeline

  • December 15, 2025
    Mod P00033 · Supplemental Agreement For Work Within Scope
    $1.20B
  • November 12, 2025
    Mod P00032 · Supplemental Agreement For Work Within Scope
    $1.20B
  • October 23, 2025
    Mod P00031 · Funding Only Action
    $1.20B
  • September 30, 2025
    Mod P00030 · Supplemental Agreement For Work Within Scope
    $1.20B
  • August 5, 2025
    Mod P00029 · Funding Only Action
    MK21A RE-ENTRY VEHICLE -ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) EARLY PRODUCTION AND DEPLOYMENT (P&D) INCREMENTAL FUNDING MODIFICATION
    $1.20B
  • September 26, 2024
    Mod P00015 · Other Administrative Action
    MK21A RE-ENTRY VEHICLE -ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) EARLY PRODUCTION AND DEPLOYMENT (P&D)
    $378.14M
  • September 26, 2024
    Mod P00014 · Other Administrative Action
    MK21A RE-ENTRY VEHICLE -ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) EARLY PRODUCTION AND DEPLOYMENT (P&D)
    $378.14M
  • July 31, 2024
    Mod P00013 · Other Administrative Action
    MK21A RE-ENTRY VEHICLE -ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) EARLY PRODUCTION AND DEPLOYMENT (P&D)
    $252.49M
  • July 2, 2024
    Mod P00012 · Other Administrative Action
    MK21A RE-ENTRY VEHICLE -ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD) EARLY PRODUCTION AND DEPLOYMENT (P&D)
    $252.49M

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Frequently asked questions

What is contract FA821924C0001?

Contract FA821924C0001 is a federal contract awarded to Lockheed Martin Corp by Department Of Defense on July 2, 2024 for $826.83 million of work classified under ENGINEERING SERVICES. It has been modified 8 times since the base award.

Who won contract FA821924C0001?

Lockheed Martin Corp won contract FA821924C0001 from Department Of Defense.

How much is contract FA821924C0001 worth?

Contract FA821924C0001 has obligated $826.83 million to date, with a total potential value of $2.03 billion if all options are exercised.