Search Prime Contracts

W31P4Q21C0042

Definitive Contract

Overview

Government Description
PRECISION STRIKE MISSILE (PRSM) ENGINEERING AND MANUFACTURING DEVELOPMENT (EMD)
Alternate Description
PRSM EMD & EOC 1/2
Place of Performance
Grand Prairie, TX 75051 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Not Competed
Est. Average FTE
1043
Analysis Notes
Amendment Since initial award the Potential End Date has been extended from 04/28/25 to 12/31/25 and the Potential Award value has increased 2% from $731,888,193 to $746,312,765.
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 W31P4Q21C0042 (W31P4Q-21-C-0042) for Precision Strike Missile (PRSM) Engineering And Manufacturing Development (EMD) worth up to $746,312,765 by PEO Missiles and Space in April 2021. The contract has a duration of 4 years 8 months and was awarded through solicitation Precision Strike Missile System (PrSM) Program full & open with NAICS 336414 and PSC AC13 via sole source acquisition procedures with 1 bid received. As of today, the Definitive Contract has a total reported backlog of $127,592,760 and funded backlog of $127,592,760.

DOD Announcements

Apr 2021: Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $20,000,000 firm-fixed-price contract for procurement of long-lead item materials needed to support the development, testing and qualification of the Precision Strike Missile system. Bids were solicited via the internet with one received. Work will be performed in Grand Prairie, Texas, with an estimated completion date of April 28, 2025. Fiscal 2021 research, development, test and evaluation, Army funds in the amount of $20,000,000 were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity (W31P4Q-21-C-0042).

Status
(Open)

Last Modified 12/3/24
Period of Performance
4/29/21
Start Date
12/31/25
Current End Date
12/31/25
Potential End Date
87.0% Complete

Obligations and Backlog
$618.7M
Total Obligated
$746.3M
Current Award
$746.3M
Potential Award
83% Funded
$127.6M
Funded Backlog
$127.6M
Total Backlog

Award Hierarchy

Definitive Contract

W31P4Q21C0042

Subcontracts

-

Activity Timeline

Interactive chart of timeline of amendments to W31P4Q21C0042

Subcontract Awards

Disclosed subcontracts for W31P4Q21C0042

Opportunity Lifecycle

Procurement history for W31P4Q21C0042

Transaction History

Modifications to W31P4Q21C0042

People

Suggested agency contacts for W31P4Q21C0042

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
Missile And Space Systems
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
padds.w31p4q@ko.army.mil
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: 12/3/24