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Lockheed Martin contract record: US$194.07 million potential value

New to Radar: Lockheed Martin's award record shows a potential value of US$194,065,277.28.

Event dated August 5, 2026 · Verified August 11, 2026

What changed

New to Radar: Lockheed Martin's award record shows a potential value of US$194,065,277.28.

Exact state: US$194,065,277.28 potential award value

Why it matters

The record places US$194,065,277.28 of potential contract value against Lockheed Martin. Potential value is demand on record—not recognized revenue or cash received.

What is verified

Reported

  • Award ID: NNG09FA40C.
  • Purpose: INTERFACE REGION IMAGING SPECTROGRAPH (IRIS). THE CONTRACTOR SHALL REFINE AND EVOLVE THE CONTRACTOR'S COST ESTIMATE FOR PHASES B-F FOR THE INTERFACE REGION IMAGING SPECTROGRAPH (IRIS) MISSION SUBMITTED IN RESPONSE TO….
  • Potential award value: US$194,065,277.28.

What remains unknown

  • Amount obligated remains unknown.
  • Award amount, obligation, outlay, cash receipt, and recognized revenue are distinct measures.
  • A multi-award vehicle ceiling is not attributable revenue unless the source identifies an awarded action.

Watch next

  • Watch USAspending for the next obligation, reduction, or payment update on award NNG09FA40C.