Contract FA861520F0001

Lockheed Martin Corporation · Department Of Defense · July 25, 2024

Fixed Price IncentiveNAICS 336411IDIQ Task Order

Lockheed Martin Corporation was awarded a federal contract by Department Of Defense (Department Of The Air Force) on July 25, 2024 for $1.00 billion of work in aircraft manufacturing. Performance is in Fort Worth, TX. This is a task or delivery order issued under parent IDIQ FA861520D6052. The contract has been modified 11 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 18, 2025. If all options are exercised, the contract could reach $5.46 billion.

Obligated to date
$1.00B
$1,001,769,617
Current value
$5.46B
Potential value
$5.46B
if all options exercised
Modifications
11
Latest December 18, 2025

Contract details

PIID
FA861520F0001
Parent IDIQ
FA861520D6052
Award type
Delivery Order
Pricing
Fixed Price Incentive
Competition
Not Available For Competition
NAICS
336411 · Aircraft Manufacturing
Product / service
Aircraft, Fixed Wing
Place of performance
Fort Worth, TX
First action
July 25, 2024
Latest action
December 18, 2025

Description

TAIWAN / MOROCCO F-16 PRODUCTION BLOCK 70 / 72

Modification timeline

  • December 18, 2025
    Mod P00029 · Supplemental Agreement For Work Within Scope
    $5.21B
  • December 12, 2025
    Mod P00030 · Other Administrative Action
    $5.21B
  • December 2, 2025
    Mod P00028 · Supplemental Agreement For Work Within Scope
    $5.21B
  • November 19, 2025
    Mod P00027 · Supplemental Agreement For Work Within Scope
    $5.21B
  • November 10, 2025
    Mod P00024 · Supplemental Agreement For Work Within Scope
    $5.21B
  • September 23, 2025
    Mod A00002 · Supplemental Agreement For Work Within Scope
    SUPPLY CONTRACTS AND PRICED ORDERS
    $5.21B
  • September 16, 2025
    Mod P00020 · Supplemental Agreement For Work Within Scope
    $5.21B
  • August 8, 2025
    Mod P00023 · Supplemental Agreement For Work Within Scope
    $5.29B
  • August 6, 2025
    Mod PZ0022 · Definitize Letter Contract
    $5.29B
  • June 26, 2025
    Mod P00018 · Supplemental Agreement For Work Within Scope
    $5.29B

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Top contractors in NAICS 336411

Lifetime obligated dollars across all federal contracts in this NAICS code.

#ContractorContractsObligated
1Lockheed Martin Corporation121$4.39B
2The Boeing Company13$3.23B
3The Boeing Company4$2.30B
4Sikorsky Aircraft Corporation102$2.00B
5The Boeing Company62$1.92B
6The Boeing Company13$1.37B
7Bell Textron Inc270$984.13M
8The Boeing Company22$628.88M
9Sierra Nevada Company, Llc2$606.84M
10Lockheed Martin Corp34$405.76M

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Frequently asked questions

What is contract FA861520F0001?

Contract FA861520F0001 is a federal contract awarded to Lockheed Martin Corporation by Department Of Defense on July 25, 2024 for $1.00 billion of work classified under AIRCRAFT MANUFACTURING. It has been modified 11 times since the base award.

Who won contract FA861520F0001?

Lockheed Martin Corporation won contract FA861520F0001 from Department Of Defense.

How much is contract FA861520F0001 worth?

Contract FA861520F0001 has obligated $1.00 billion to date, with a total potential value of $5.46 billion if all options are exercised.