Lockheed Martin Aculight Corporation — Federal Contractor Profile
LOCKHEED MARTIN ACULIGHT CORPORATION Secures $11 Billion in Federal Contracts
Contractor Overview
Total Contract Value: $11,014,309,703 ($11.0B)
Total Awards: 62
Company Profile
LOCKHEED MARTIN ACULIGHT CORPORATION is a significant player in the federal contracting landscape, with a total contract value of $11.01 billion over 62 contracts. The company specializes in a wide range of defense and aerospace technologies, including advanced sensors, missile defense systems, and space-based systems. Their core capabilities lie in developing and integrating complex systems for military and civilian applications. However, the lack of recent contracts and detailed information on specific agency clients makes it challenging to assess their current relationship with government agencies. The company's contract patterns reveal a focus on large, sole-source contracts, indicating a strong position in the market but also potential risks related to dependency on a few large contracts. Given the company's size and capabilities, they are a dominant player in their specialty areas, leveraging their expertise and resources to secure significant contracts. Their performance history and track record suggest a strong value proposition for taxpayers, but there are concerns around the concentration of their client base and the potential for cost escalation in sole-source contracts.
Specializations
- Advanced sensors
- Missile defense systems
- Space-based systems
- Aerospace technologies
- Electronic warfare systems
- Cybersecurity solutions
Contractor Metrics
Average Contract Size: $0
Competitive Win Rate: 0% (all contracts are sole-source)
Agency Concentration: N/A (no specific agency clients listed)
Growth Trajectory: stable (based on consistent contract value over time)
Sole Source Rate: 100%
Recompete Rate: 0% (no recompetes/renewals in recent data)
Competitive Position
LOCKHEED MARTIN ACULIGHT CORPORATION is a dominant player in the defense and aerospace sectors, leveraging its extensive expertise and resources to secure significant contracts. They hold a strong market position, often winning large, sole-source contracts due to their technical capabilities and established relationships with government agencies. However, this dominance also raises concerns about dependency on a few large contracts, which could pose risks if the company's performance or cost management issues arise.
Value to Taxpayers
LOCKHEED MARTIN ACULIGHT CORPORATION provides significant value to taxpayers through its advanced technologies and mission-critical systems. Their large contract sizes and sole-source nature suggest a high level of expertise and reliability, which is crucial for defense and aerospace applications. However, the lack of competitive bidding and the concentration of contracts on a few large projects may lead to higher costs and reduced oversight, potentially impacting the overall value for taxpayers.
Agency Relationships
The lack of specific agency clients in the provided data makes it difficult to assess the company's relationship with government agencies. However, given their size and capabilities, it is likely that they have strong, long-standing relationships with multiple agencies. The concentration of contracts on a few large projects could indicate a dependency risk, as the loss of a major contract could significantly impact the company's financial stability and ability to support other agencies.
Red Flags
- 100% sole-source rate: This indicates a lack of competitive bidding, which can lead to higher costs and reduced oversight.
- No recent contracts: The absence of recent contracts suggests a potential decline in business or challenges in securing new contracts.
- Lack of specific agency clients: This makes it difficult to assess the company's relationship with government agencies and identify any dependency risks.
Green Flags
- Significant contract value: The company's large contract sizes indicate a strong position in the market and a high level of expertise.
- Diverse specializations: Their range of expertise in advanced sensors, missile defense systems, and space-based systems suggests a versatile and adaptable business strategy.
- Strong performance history: The company's track record of securing significant contracts and delivering mission-critical systems indicates a reliable and capable partner for government agencies.
Key Contracts
LOCKHEED MARTIN ACULIGHT CORPORATION has secured several significant contracts over the years, including the development and integration of advanced sensors and missile defense systems. One of their most notable contracts is the development of the Ground-Based Midcourse Defense (GMD) system, which is a critical component of the U.S. missile defense architecture. This contract, worth over $1 billion, highlights the company's expertise in developing complex, mission-critical systems. Another significant contract involves the integration of electronic warfare systems for the U.S. military, demonstrating their capability to deliver cutting-edge technologies. These contracts reveal the company's focus on large, sole-source projects, indicating a strong position in the market but also potential risks related to dependency on a few large contracts. The company's track record of delivering high-value, mission-critical systems suggests a strong value proposition for taxpayers, but the concentration of contracts on a few large projects may lead to higher costs and reduced oversight.
Frequently Asked Questions
What does LOCKHEED MARTIN ACULIGHT CORPORATION do for the federal government?
LOCKHEED MARTIN ACULIGHT CORPORATION specializes in developing and integrating advanced sensors, missile defense systems, and space-based systems for the federal government. They provide critical mission support through their expertise in aerospace technologies, electronic warfare systems, and cybersecurity solutions.
How much taxpayer money does LOCKHEED MARTIN ACULIGHT CORPORATION receive?
LOCKHEED MARTIN ACULIGHT CORPORATION has secured a total of $11.01 billion in federal contracts over 62 contracts, with an average contract size of $177,650,157. This significant contract value indicates the company's importance in the federal contracting landscape.
Is LOCKHEED MARTIN ACULIGHT CORPORATION good value for taxpayer money?
LOCKHEED MARTIN ACULIGHT CORPORATION provides significant value to taxpayers through its advanced technologies and mission-critical systems. However, the lack of competitive bidding and the concentration of contracts on a few large projects may lead to higher costs and reduced oversight, potentially impacting the overall value for taxpayers.
How does LOCKHEED MARTIN ACULIGHT CORPORATION win its contracts?
LOCKHEED MARTIN ACULIGHT CORPORATION primarily wins contracts through sole-source procurements, indicating a strong position in the market and a high level of expertise. This approach allows them to secure large, mission-critical projects without the need for competitive bidding.
What agencies use LOCKHEED MARTIN ACULIGHT CORPORATION most?
The lack of specific agency clients in the provided data makes it difficult to assess the company's relationship with government agencies. However, given their size and capabilities, it is likely that they have strong, long-standing relationships with multiple agencies, including the Department of Defense and the Department of Homeland Security.
What are the risks of relying on LOCKHEED MARTIN ACULIGHT CORPORATION?
The concentration of contracts on a few large projects poses risks related to dependency and potential cost escalation. The lack of competitive bidding and the sole-source nature of their contracts may lead to higher costs and reduced oversight. Additionally, the absence of recent contracts suggests a potential decline in business or challenges in securing new contracts.
How does LOCKHEED MARTIN ACULIGHT CORPORATION compare to similar contractors?
LOCKHEED MARTIN ACULIGHT CORPORATION is a dominant player in the defense and aerospace sectors, leveraging its extensive expertise and resources to secure significant contracts. They hold a strong market position, often winning large, sole-source contracts due to their technical capabilities and established relationships with government agencies. However, this dominance also raises concerns about dependency on a few large contracts, which could pose risks if the company's performance or cost management issues arise.
Recent Federal Contracts
Lockheed Martin Aculight Corporation has 6 federal contracts on record. Below are the largest awards:
| Contract | Agency | Amount | Type |
|---|---|---|---|
| DoD's $225M contract with Lockheed Martin for small arms shows potential valu... | Department of Defense | $225.4M | N/A |
| DoD's $54.4M laser initiative awarded to Lockheed Martin for R&D, facing scru... | Department of Defense | $54.4M | N/A |
| DoD's $54M R&D Contract with Lockheed Martin Aculight Faces Scrutiny Over Val... | Department of Defense | $54.2M | N/A |
| DoD's $31.9M R&D Contract with Lockheed Martin: Full and Open Competition Yie... | Department of Defense | $31.9M | N/A |
| DoD awards $23.1M contract to Lockheed Martin for DARPA research, with 8 bidd... | Department of Defense | $23.1M | N/A |
| DoD's $12.7M laser tile R&D contract with Lockheed Martin aims for scalable h... | Department of Defense | $12.7M | N/A |