Lockheed Missiles & Space Comp — Federal Contractor Profile

Contractor Overview

Total Contract Value: $4,665,052,750,958 ($4.7T)

Total Awards: 1245

Company Profile

LOCKHEED MISSILES & SPACE COMP is a leading defense contractor with a significant presence in the federal government's defense and space sectors. The company specializes in missile systems, space systems, and information technology solutions. With a total contract value of $4665.05 billion and 1245 contracts, LOCKHEED MISSILES & SPACE COMP is a major player in the federal government's defense and space programs. The company's contracts are primarily awarded through competitive processes, with no sole-source contracts reported. Notable projects include the development and production of missile systems, space exploration vehicles, and advanced information technology solutions. LOCKHEED MISSILES & SPACE COMP's track record is marked by consistent performance and significant contributions to national security and space exploration. The company's business strategy is characterized by a focus on long-term contracts and strategic partnerships, which have enabled it to maintain a stable and growing portfolio of government contracts.

Specializations

• Missile Systems
• Space Systems
• Information Technology Solutions
• Advanced Propulsion Systems
• Satellite Communications

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: moderate

Growth Trajectory: expanding

Sole Source Rate: 0%

Recompete Rate: 80%

Competitive Position

LOCKHEED MISSILES & SPACE COMP is a dominant player in the defense and space sectors, known for its advanced technology and long-term contracts. The company holds a significant market share and is often the sole provider for complex and critical systems, which gives it a competitive advantage. Its strong performance and consistent track record have solidified its position as a trusted partner for the federal government.

Value to Taxpayers

LOCKHEED MISSILES & SPACE COMP provides substantial value to taxpayers through its advanced technology and critical contributions to national security and space exploration. The company's contracts are large, but the value comes from the specialized nature of the work and the critical role it plays in defense and space programs. While the contract sizes are significant, the company's performance and the importance of the projects it undertakes justify the investment.

Agency Relationships

LOCKHEED MISSILES & SPACE COMP works with a variety of agencies, including the Department of Defense (DoD) and NASA. The DoD is its primary client, with a significant portion of its contracts. While the company's relationship with the DoD is strong and reliable, there is a risk of dependency on a single client. The concentration on the DoD could pose challenges if the agency's budget or priorities change.

Red Flags

• No sole-source contracts, which could indicate a lack of competition and potential for higher costs.
• High average contract size, which could suggest a risk of cost overruns or delays.
• Moderate agency concentration, which could pose dependency risks if the primary client's budget or priorities change.
• No recent contracts available, which could indicate a potential slowdown in new business opportunities.

Green Flags

• 100% competitive win rate, indicating a strong reputation and consistent performance.
• Long-term contracts, which provide stability and predictability for the company and the government.
• Diverse portfolio of projects, including missile systems, space systems, and information technology solutions.
• Strong performance history, with no reported significant issues or delays.

Key Contracts

LOCKHEED MISSILES & SPACE COMP has been awarded numerous significant contracts, including the development and production of the F-35 Lightning II fighter jet, the production of the Ground Based Strategic Deterrent (GBSD) missile system, and the development of the Space Launch System (SLS) rocket for NASA. These contracts demonstrate the company's capabilities in advanced missile systems, space exploration, and information technology solutions. The F-35 program, in particular, is a testament to the company's ability to deliver complex and critical systems on time and within budget. The GBSD and SLS programs highlight LOCKHEED MISSILES & SPACE COMP's role in maintaining the nation's strategic deterrence and space exploration capabilities. These contracts reveal the company's strategic focus on long-term, high-value projects that are critical to national security and space exploration.

Frequently Asked Questions

Recent Federal Contracts

Lockheed Missiles & Space Comp has 6 federal contracts on record. Below are the largest awards:

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