Contract N0001923C0003

Lockheed Martin Corporation · Department Of Defense · September 30, 2024

Fixed Price IncentiveSole SourceNAICS 336411

Lockheed Martin Corporation was awarded a federal contract by Department Of Defense (Department Of The Navy) on September 30, 2024 for $14.27 billion of work in aircraft manufacturing. Performance is in Fort Worth, TX. It was awarded under full and open competition. The contract has been modified 5 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 23, 2025. If all options are exercised, the contract could reach $24.66 billion.

Obligated to date
$14.27B
$14,265,137,358
Current value
$24.65B
Potential value
$24.66B
if all options exercised
Modifications
5
Latest December 23, 2025

Contract details

PIID
N0001923C0003
Award type
Definitive Contract
Pricing
Fixed Price Incentive
Set-aside
No Set Aside Used.
Competition
Not Competed
NAICS
336411 · Aircraft Manufacturing
Product / service
Aircraft, Fixed Wing
Place of performance
Fort Worth, TX
First action
September 30, 2024
Latest action
December 23, 2025

Description

THE REASON OF THIS MODIFICATION IS TO ADD ECP FUNDING FOR ITALY FACO SERVICES

Modification timeline

  • December 23, 2025
    Mod P00017 · Funding Only Action
    $24.50B
  • December 4, 2025
    Mod P00016 · Other Administrative Action
    THE REASON FOR THIS MODIFICATION IS TO MAKE THE ADMINISTRATIVE CORRECTION FOR THE FUNDING ON SLIN 602305 THROUGH THE CREATION OF SLIN 602308.
    $24.50B
  • September 29, 2025
    Mod P00015 · Supplemental Agreement For Work Within Scope
    THIS MODIFICATION DEFINITIZES LOT 18 & 19 AIRCRAFT CLINS
    $24.50B
  • September 4, 2025
    Mod P00014 · Other Administrative Action
    THIS MODIFICATION CHANGES THE CONTRACT TO PERFORMANCE-BASED PAYMENTS.
    $24.50B
  • July 10, 2025
    Mod P00013 · Other Administrative Action
    F-35 PRODUCTION
    $24.50B
  • September 30, 2024
    Mod P00010 · Other Administrative Action
    THE PURPOSE OF THIS CONTRACT IS TO PROCURE LOT 18/19 F-35 AIRCRAFT LONG LEAD ITEMS IN SUPPORT OF U.5 SERVICE, INTERNATIONAL PARTNER, AND FMS CUSTOMER JETS.
    $10.32B

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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 N0001923C0003?

Contract N0001923C0003 is a federal contract awarded to Lockheed Martin Corporation by Department Of Defense on September 30, 2024 for $14.27 billion of work classified under AIRCRAFT MANUFACTURING. It has been modified 5 times since the base award.

Who won contract N0001923C0003?

Lockheed Martin Corporation won contract N0001923C0003 from Department Of Defense.

How much is contract N0001923C0003 worth?

Contract N0001923C0003 has obligated $14.27 billion to date, with a total potential value of $24.66 billion if all options are exercised.