Federal contract

Department of Defense gave Lockheed Martin a $879M delivery order

Signed May 18, 2026 · Updated Jun 4, 2026

$879M
committed so far

Why it stands out

The Department of Defense awarded Lockheed Martin a $879M delivery order on May 18, 2026. This order is part of a larger, existing agreement, was not competed, and is expected to run about four years, making it a routine extension rather than a new contract.

Awarded without a competition
Runs about 4 years
An order placed under an existing, larger agreement

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordUSAspending.gov — Prime award record

All the details

Dates, kept separate

Date signed: May 18, 2026
Reporting period: Not applicable
Last updated on USAspending: Jun 4, 2026

DefenseDelivery OrderSubsidiary mapping

Context

Current obligations

$879,098,832

Actual federal dollars obligated to date on this award

Potential / ceiling value

$879,098,832

A maximum, not earned revenue

T12M mapped awards

$10.6B across 18 awards

Obligations to date on awards newly signed in the last 12 months, mapped to this company

Agency concentration

99.8% from the largest awarding agency

Share of T12M mapped obligations

Historical significance

#4 of 19 mapped awards by obligations

Within the awards OQRO has ingested

Scale vs annual revenue

15.82% of FY2021 revenue ($67B)

T12M mapped obligations ÷ revenue the company reported in its 10-K. A size comparison: obligations are not revenue and are usually earned over several years

Company mapping

verified alias

Exact identifier > verified alias > manual override

Source receipt

Record ID: CONT_AWD_N0001926F0233_9700_N0001924G0010_9700
Filed / recorded: Jun 4, 2026, 12:00 AM UTC
Added to OQRO: Oct 1, 2026, 10:46 PM UTC
Parser: usaspending-v1
Data quality: Read from the record; company matched by name
Award ID (PIID): N0001926F0233
USAspending award key: CONT_AWD_N0001926F0233_9700_N0001924G0010_9700
Award type: DELIVERY ORDER
Recipient: LOCKHEED MARTIN CORPORATION
Recipient UEI: G4KDGE4JFFK7
Parent recipient: LOCKHEED MARTIN CORP
Parent UEI: ZFN2JJXBLZT3
Awarding agency: Department of Defense
Awarding sub-agency: Department of the Navy
Description: LOT 18-19 AAE
Date signed: May 18, 2026
Period of performance: May 18, 2026 – Feb 28, 2030
Last modified: Jun 4, 2026
NAICS: 336411 — Aircraft Manufacturing
PSC: 1510
Pricing: FIRM FIXED PRICE
Mapping basis: Parent recipient “LOCKHEED MARTIN CORP”

Around the same time

3mo ago

96.92Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

3mo ago

83.42Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

Defense awarded3mo ago

$539Mcommitted so far

Precision strike missile (prsm) for fiscal year 2026, full rate production lot 1

The Department of Defense placed a $539M delivery order with Lockheed Martin for precision strike missiles. This order is part of a larger existing agreement, was not competitively bid, and will last about 3.5 years, making it a routine extension of ongoing work.

Why it stands out Official record