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FOR RELEASE AT
5 p.m. ET
No. 018-12
January 11, 2012


AIR FORCE

            Lockheed Martin Corp., Space System Co., Newton, Pa., is being awarded a $238,489,236 cost-plus-incentive-fee with award fee contract for exercise option contract line item number 0016 to begin production of GPS III Space Vehicles three and four.  The location of the performance is Newtown, Pa.  Work is expected to be completed by Jan. 24, 2016.  SMC/GPK, El Segundo, Calif., is the contracting activity (FA8807-08-C-0010).