Contract N0002418C2300

Lockheed Martin Corporation · Department Of Defense · September 21, 2021

Fixed Price IncentiveFull & Open CompetitionNAICS 336611

Lockheed Martin Corporation was awarded a federal contract by Department Of Defense (Department Of The Navy) on September 21, 2021 for $64.70 million of work in ship building and repairing. Performance is in Middle River, MD. It was awarded under full and open competition. The contract has been modified 23 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 22, 2025. If all options are exercised, the contract could reach $2.19 billion.

Obligated to date
$64.70M
$64,703,149
Current value
$2.08B
Potential value
$2.19B
if all options exercised
Modifications
23
Latest December 22, 2025

Contract details

PIID
N0002418C2300
Award type
Definitive Contract
Pricing
Fixed Price Incentive
Set-aside
No Set Aside Used.
Competition
Full And Open Competition After Exclusion Of Sources
NAICS
336611 · Ship Building And Repairing
Product / service
Combat Ships And Landing Vessels
Place of performance
Middle River, MD
First action
September 21, 2021
Latest action
December 22, 2025

Description

COST ONLY WARRANTY-RELATED FUNDING

Modification timeline

  • December 22, 2025
    Mod P00094 · Funding Only Action
    $1.63B
  • November 18, 2025
    Mod P00093 · Funding Only Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.63B
  • November 5, 2025
    Mod P00092 · Other Administrative Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.63B
  • October 28, 2025
    Mod A00139 · Supplemental Agreement For Work Within Scope
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • October 20, 2025
    Mod P00091 · Funding Only Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • September 29, 2025
    Mod P00090 · Funding Only Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • September 23, 2025
    Mod P00089 · Funding Only Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • September 16, 2025
    Mod P00088 · Funding Only Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • September 16, 2025
    Mod A00138 · Supplemental Agreement For Work Within Scope
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B
  • August 19, 2025
    Mod P00087 · Other Administrative Action
    CONSTRUCTION OF LCS FLIGHT 0+ SHIP
    $1.62B

Top contractors in NAICS 336611

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

#ContractorContractsObligated
1National Steel And Shipbuilding Company9$1.74B
2Huntington Ingalls Inc35$1.12B
3Bollinger Shipyards Lockport, L.L.C.7$973.87M
4Rauma Marine Constructions Oy1$520.54M
5Electric Boat Corporation12$468.77M
6Bae Systems Maritime Solutions Norfolk Inc.8$237.85M
7Austal USA, Llc21$181.46M
8Davie Defense Inc.1$180.00M
9Vigor Marine Llc13$169.39M
10Bath Iron Works Corporation8$161.08M

Track this on BesaGov

Get a free weekly email when this changes — new awards, new sub-awards, new opportunities. No login required.

✓ You’re on the list. We’ll never spam you.

Helpful guides

Continue learning

See all guides →
More on BesaGov

Keep researching

Track this contract, set alerts on similar opportunities, and build proposal pipelines on BesaGov.
Sign up free

Frequently asked questions

What is contract N0002418C2300?

Contract N0002418C2300 is a federal contract awarded to Lockheed Martin Corporation by Department Of Defense on September 21, 2021 for $64.70 million of work classified under SHIP BUILDING AND REPAIRING. It has been modified 23 times since the base award.

Who won contract N0002418C2300?

Lockheed Martin Corporation won contract N0002418C2300 from Department Of Defense.

How much is contract N0002418C2300 worth?

Contract N0002418C2300 has obligated $64.70 million to date, with a total potential value of $2.19 billion if all options are exercised.