Lockheed Martin Space wins $83.2 million Navy strike missile deal

The Conventional Prompt Strike modification funds additional All Up Rounds to meet Army requirements, with work running through June 2029.

LITTLETON, COLORADO — Lockheed Martin Space won an $83.2 million contract modification to build more hypersonic strike rounds for the Navy on June 22, 2026.

Here is the full post (see war.gov):

“Lockheed Martin Space, Littleton, Colorado, is awarded a cost-plus-incentive-fee contract modification (P00093) with a value of $83,180,528 (N00030-22-C-1025). The effort will be for the procurement of additional All Up Rounds, satisfying Army requirements, under the Navy’s Conventional Prompt Strike program. Work will be performed in Denver, Colorado (31%); Magna, Utah (26%); Cortland, Alabama (14%); Simsbury, Connecticut (10%); East Aurora, New York (7%); Owego, New York (7%), Sunnyvale, California (2%); and various other locations (less than 1% each, totaling 3%). Work is expected to be completed on 30 Jun. 2029. Fiscal 2025 Missile Procurement, Army Reconciliation Munitions funds in the amount of $79,251,957 will be obligated at award. No funds will expire at the end of the current fiscal year. This contract was awarded as a sole source acquisition pursuant to 10 U.S. Code 3204 (a)(1) and was previously synopsized on the System for Award Management (SAM.gov) online portal. Strategic Systems Programs, Washington, D.C., is the contracting activity. The information contained in the announcement is unclassified.”

The modification, designated P00093 under base contract N00030-22-C-1025, procures additional All Up Rounds to satisfy Army requirements under the Navy’s Conventional Prompt Strike program (see war.gov). Crews will perform the work across eight states, with the largest shares in Denver, Colorado at 31 percent and Magna, Utah at 26 percent. Officials expect completion by June 30, 2029.

Strategic Systems Programs in Washington, D.C., serves as the contracting activity. The Navy awarded the deal as a sole source acquisition under 10 U.S. Code 3204 (a)(1). Fiscal 2025 Missile Procurement, Army Reconciliation Munitions funds of $79.3 million will be obligated at award, and none will expire at the end of the current fiscal year.

This is the first contract awarded to Lockheed Martin Space in 2026, bringing the company’s total contract value for the year to $83.2 million. It is also the first Department of Defense contract awarded in Colorado during 2026.

The award is not the largest ever granted to Lockheed Martin Space, whose record stands at $1.96 billion. Within the 2026 Navy portfolio, it falls between the year-to-date minimum of $23.8 million and the maximum of $121.2 million. The deal was announced among eight Department of Defense contracts issued nationwide on June 22, 2026.

This contract represents the 1st contract awarded to Lockheed Martin Space, in 2026, bringing the company’s total contract value for the year to $83,180,528. It is also the 1st Department of Defense contract awarded in Colorado during 2026. While this is not the largest contract ever awarded to Lockheed Martin Space, whose record stands at $1,955,776,266, it is notable within the Navy portfolio. Specifically, it falls between the 2026 Navy portfolio’s year-to-date minimum of $23,759,208 and maximum of $121,195,041. Overall, this award was announced among 8 Department of Defense contracts issued nationwide on June 22, 2026.

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