Lockheed Wins $8B Follow-On Contract for Global Logistics Support to US Special Forces

Lockheed Wins $8B Follow-On Contract for Global Logistics Support to US Special Forces

The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a potential $8 billion follow-on contract to continue providing logistics support services to the country’s special operations forces.

The Defense Department said Friday the company will also support program and enterprise management functions for USSOCOM’s program executive office of the special operations forces support activity.

USSOCOM received five proposals for the indefinite-delivery/indefinite-quantity contract through a competitive acquisition process on FedBizOpps.

Lockheed currently provides a full range of logistics support for the SOF community under a contract that was awarded in 2010 and is set to expire in September 2018.

Reuters reported Saturday the new contract will run for 10 years and will include support to the U.S. Navy SEALs as well as the U.S. Army‘s Green Berets and Rangers.

Work will occur at Bluegrass Station and Bluegrass Army Depot in Kentucky, Fort Walton Beach in Florida and multiple customer locations inside and outside the continental U.S.

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