Contract W31P4Q23F0024

Lockheed Martin Corporation · Department Of Defense · July 31, 2024

Firm Fixed PriceSole SourceNAICS 336414IDIQ Task Order

Lockheed Martin Corporation was awarded a federal contract by Department Of Defense (Department Of The Army) on July 31, 2024 for $413.71 million of work in guided missile and space vehicle manufacturing. Performance is in Grand Prairie, TX. This is a task or delivery order issued under parent IDIQ W31P4Q23D0003. The contract has been modified 13 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on December 3, 2025. If all options are exercised, the contract could reach $1.90 billion.

Obligated to date
$413.71M
$413,706,952
Current value
$1.90B
Modifications
13
Latest December 3, 2025

Contract details

PIID
W31P4Q23F0024
Parent IDIQ
W31P4Q23D0003
Award type
Delivery Order
Pricing
Firm Fixed Price
Competition
Not Competed
NAICS
336414 · Guided Missile And Space Vehicle Manufacturing
Product / service
Guided Missiles
Place of performance
Grand Prairie, TX
First action
July 31, 2024
Latest action
December 3, 2025

Description

GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW-COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FISCAL YEAR (FY)24 FULL RATE PRODUCTION (FRP).

Modification timeline

  • December 3, 2025
    Mod P00023 · Supplemental Agreement For Work Within Scope
    $1.88B
  • December 1, 2025
    Mod P00022 · Change Order
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.88B
  • November 25, 2025
    Mod P00021 · Supplemental Agreement For Work Within Scope
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.88B
  • September 29, 2025
    Mod PZ0019 · Definitize Letter Contract
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.91B
  • September 29, 2025
    Mod PZ0019 · Definitize Letter Contract
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $607.64M
  • September 23, 2025
    Mod P00020 · Other Administrative Action
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.91B
  • September 18, 2025
    Mod P00016 · Change Order
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.91B
  • September 18, 2025
    Mod P00016 · Change Order
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $607.64M
  • September 17, 2025
    Mod P00013 · Supplemental Agreement For Work Within Scope
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW-COST REDUCED RANCE PRACTICE ROCKET (LCRRPR) FISCAL YEAR (FY) 24 FULL RATE PRODUCTION (FRP) - UKRAINE
    $1.91B
  • July 3, 2025
    Mod P00017 · Supplemental Agreement For Work Within Scope
    GUIDED MULTIPLE LAUNCH ROCKET SYSTEM (GMLRS) AND LOW COST REDUCED RANGE PRACTICE ROCKET (LCRRPR) FY24 FULL RATE PRODUCTION LOT 19 DELIVERY ORDER - UKRAINE
    $1.91B

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Top contractors in NAICS 336414

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

#ContractorContractsObligated
1Lockheed Martin Corporation29$967.99M
2Northrop Grumman Systems Corp1$858.30M
3Raytheon Company103$817.13M
4Ram-System Gmbh2$483.58M
5The Boeing Company2$449.96M
6Lockheed Martin Corporation19$415.49M
7Raytheon Company2$337.68M
8Lockheed Martin Corporation3$271.15M
9Dynetics, Inc.3$253.30M
10Lockheed Martin Corp9$138.58M

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Frequently asked questions

What is contract W31P4Q23F0024?

Contract W31P4Q23F0024 is a federal contract awarded to Lockheed Martin Corporation by Department Of Defense on July 31, 2024 for $413.71 million of work classified under GUIDED MISSILE AND SPACE VEHICLE MANUFACTURING. It has been modified 13 times since the base award.

Who won contract W31P4Q23F0024?

Lockheed Martin Corporation won contract W31P4Q23F0024 from Department Of Defense.

How much is contract W31P4Q23F0024 worth?

Contract W31P4Q23F0024 has obligated $413.71 million to date, with a total potential value of $1.90 billion if all options are exercised.