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W31P4Q23C0052

Definitive Contract

Overview

Government Description
PRECISION STRIKE MISSILE (PRSM) EARLY OPERATIONAL CAPACITY (EOC) LOT 3
Alternate Description
PRSM EOC-3/4
Place of Performance
Grand Prairie, TX 75051 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Not Competed
Analysis Notes
Amendment Since initial award the Potential End Date has been extended from 09/30/26 to 09/30/27 and the Potential Award value has increased 27% from $454,254,428 to $575,004,428.
Sole Source This Definitive Contract was awarded sole source to Lockheed Martin Corporation because the government believes that only one company can provide the product / service (FAR 6.302-1).
Subcontracting Plan This Definitive Contract has a DOD Comprehensive Subcontracting Plan. The Department of Defense has an overall small business subcontracting goal of 30%
Lockheed Martin Corporation was awarded Definitive Contract W31P4Q23C0052 (W31P4Q-23-C-0052) for Precision Strike Missile (PRSM) Early Operational Capacity (EOC) Lot 3 worth up to $575,004,428 by PEO Missiles and Space in September 2023. The contract has a duration of 4 years and was awarded through solicitation Precision Strike Missile (PrSM) EOC 3-4 full & open with NAICS 336414 and PSC 1410 via sole source acquisition procedures with 1 bid received. As of today, the Definitive Contract has a total reported backlog of $61,565,468.

DOD Announcements

Sep 2023: Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $67,532,289.99 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for the Precision Strike Missile Early Operational Capability Lot 3. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of Sept. 30, 2026. Fiscal 2023 aircraft procurement, Army funds in the amount of $67,532,290 were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-23-C-0052).

Status
(Open)

Last Modified 4/22/25
Period of Performance
9/29/23
Start Date
9/30/27
Current End Date
9/30/27
Potential End Date
39.0% Complete

Obligations and Backlog
$513.4M
Total Obligated
$513.4M
Current Award
$575.0M
Potential Award
89% Funded
$0.0
Funded Backlog
$61.6M
Total Backlog

Award Hierarchy

Definitive Contract

W31P4Q23C0052

Subcontracts

-

Activity Timeline

Interactive chart of timeline of amendments to W31P4Q23C0052

Subcontract Awards

Disclosed subcontracts for W31P4Q23C0052

Opportunity Lifecycle

Procurement history for W31P4Q23C0052

Transaction History

Modifications to W31P4Q23C0052

People

Suggested agency contacts for W31P4Q23C0052

Competition

Number of Bidders
1
Solicitation Procedures
Sole Source
Other Than Full and Open Competition
Only One Source - Other
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item Procedures Not Used
Simplified Procedures for Commercial Items
No

Other Categorizations

Subcontracting Plan
DOD Comprehensive Subcontract Plan
Cost Accounting Standards
Yes
Business Size Determination
Large Business
DoD Claimant Code
None
IT Commercial Item Category
Not Applicable
Awardee UEI
XFJMYSYFJEK4
Awardee CAGE
64059
Agency Detail
Awarding Office
W31P4Q W6QK ACC-RSA
Funding Office
W80FLR
Created By
padds.w31p4q@cs.army.mil
Last Modified By
fpdsadmin
Approved By
padds.w31p4q@ko.army.mil

Legislative

Legislative Mandates
None Applicable
Performance District
TX-33
Senators
John Cornyn
Ted Cruz
Representative
Marc Veasey
Modified: 4/22/25