Lockheed Martin Awarded JIEDDO OPS Services Contract

Published on Tuesday, 07 February 2012 14:11 Written by TradersHuddle Staff

Efforts Support Deployed U.S. and Coalition Forces in Counter-IED Operations

ELLICOTT CITY, Md., Feb. 7, 2012 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) has been competitively awarded one of five Operations Support (OPS) Services Indefinite Delivery Indefinite Quantity (IDIQ) contracts from the U.S. General Services Administration (GSA) Federal Systems Integration and Management Center (FEDSIM) in support of the Department of Defense's Joint Improvised Explosive Device Defeat Organization (JIEDDO). The anticipated period of performance is two years with three optional one year periods and an estimated cost ceiling of $900 million. 

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"Lockheed Martin is proud to continue our dedication to the JIEDDO mission, deploying highly-qualified personnel to serve as critical enablers for the warfighter's operations to identify and defeat the enemy networks employing IEDs against us and our Allies," said Bob Kramer, Lockheed Martin IS&GS-Defense vice president for Operational Systems & Services. "We always remember that this work is about saving lives, it's in the forefront of what we do every day."

Through the contract's task orders, Lockheed Martin will provide in-theater and reach back support in four specialized categories that are critical to satisfying JIEDDO OPS' mission requirements to include: operations, analysis, combat support and IT support for the analytical team. 

JIEDDO was established as a Deputy Secretary of Defense directed initiative with the mission to rapidly provide solutions to defeat the enemy's IED campaign, thus saving lives of service members fighting against insurgent networks that employ IEDs as a strategic weapon of choice. 

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 123,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2011 were $46.5 billion.

For additional information, visit our website: http://www.lockheedmartin.com

SOURCE Lockheed Martin