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Contract W31P4Q23C0005

Lockheed Martin Corporation · Department Of Defense · September 28, 2023

Fixed Price IncentiveSole SourceNAICS 336415

Lockheed Martin Corporation was awarded a federal contract by Department Of Defense (Department Of The Army) on September 28, 2023 for $787.78 million of work in guided missile and space vehicle propulsion unit and propulsion unit parts manufacturing. Performance is in Orlando, FL. It was awarded under full and open competition. The contract has been modified 26 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 17, 2025. If all options are exercised, the contract could reach $4.99 billion.

Obligated to date
$787.78M
$787,784,074
Current value
$1.36B
Potential value
$4.99B
if all options exercised
Modifications
26
Latest December 17, 2025

Contract details

PIID
W31P4Q23C0005
Award type
Definitive Contract
Pricing
Fixed Price Incentive
Set-aside
No Set Aside Used.
Competition
Not Competed
NAICS
336415 · Guided Missile And Space Vehicle Propulsion Unit And Propulsion Unit Parts Manufacturing
Product / service
Guided Missiles
Place of performance
Orlando, FL
First action
September 28, 2023
Latest action
December 17, 2025

Description

AGMS

Modification timeline

  • December 17, 2025
    Mod P00073 · Supplemental Agreement For Work Within Scope
    $1.36B
  • December 3, 2025
    Mod P00070 · Supplemental Agreement For Work Within Scope
    AIR-TO-GROUND-MISSILE SYSTEM (AGMS) PRODUCTION
    $1.36B
  • September 30, 2025
    Mod P00067 · Supplemental Agreement For Work Within Scope
    ECP INCORPORATION OF JAGM D SOFTWARE
    $1.36B
  • September 30, 2025
    Mod P00069 · Supplemental Agreement For Work Within Scope
    ATTACHMENT 0010 REVISION
    $1.36B
  • September 26, 2025
    Mod P00068 · Supplemental Agreement For Work Within Scope
    SHIPPING INFO UPDATE
    $1.36B
  • September 26, 2025
    Mod P00066 · Exercise An Option
    LAST TIME BUY QORVO RF AMPS
    $1.36B
  • September 18, 2025
    Mod P00064 · Supplemental Agreement For Work Within Scope
    HELLFIRE MISSILE AND JOINT AIR-TO-GROUND MISSILE (JAGM) PRODUCTION (BUY 17)
    $1.36B
  • August 15, 2025
    Mod P00063 · Supplemental Agreement For Work Within Scope
    HELLFIRE MISSILE AND JOINT AIR-TO-GROUND MISSILE (JAGM) PRODUCTION (BUY 17)
    $1.36B
  • August 13, 2025
    Mod P00060 · Supplemental Agreement For Work Within Scope
    AGMS PY4
    $1.36B
  • August 13, 2025
    Mod P00060 · Supplemental Agreement For Work Within Scope
    AGMS PY4
    $853.78M
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Frequently asked questions

What is contract W31P4Q23C0005?

Contract W31P4Q23C0005 is a federal contract awarded to Lockheed Martin Corporation by Department Of Defense on September 28, 2023 for $787.78 million of work classified under GUIDED MISSILE AND SPACE VEHICLE PROPULSION UNIT AND PROPULSION UNIT PARTS MANUFACTURING. It has been modified 26 times since the base award.

Who won contract W31P4Q23C0005?

Lockheed Martin Corporation won contract W31P4Q23C0005 from Department Of Defense.

How much is contract W31P4Q23C0005 worth?

Contract W31P4Q23C0005 has obligated $787.78 million to date, with a total potential value of $4.99 billion if all options are exercised.