Lockheed Martin to Provide Cargo Mission Services for International Space Station
HOUSTON, Texas, 11/17/2003 --
Lockheed Martin Space Operations (LMSO) has won a NASA contract to support cargo mission services for the International Space Station (ISS). The potential value of this contract to Lockheed Martin (NYSE:LMT) is about $165 million.
Work under the contract will include planning, preparation and integration of cargo slated for transport to and from the International Space Station. In addition, if options under the contract are exercised, Lockheed Martin would also provide stowage integration services to the Space Shuttle Program, NASA prepacked-cargo processing for the Japanese H-II Transfer Vehicle and NASA prepacked-cargo processing for the European Automated Transfer Vehicle, which are planned to provide future logistics support to the ISS.
Lockheed Martin has been a partner with NASA since the beginning of human spaceflight, said Jay Honeycutt, president Lockheed Martin Space Operations. We support both the space station and space shuttle programs under existing contracts and look forward to expanding our role on the International Space Station program to help NASA and its international partners fully exploit the unique capabilities of the space station in the coming years.
The basic period of the cost-plus-award-fee contract is four years and nine months, with an estimated value of $108.5 million. Two one-year extension options to the basic period are available and would bring the total contract value to $165.8 million.
Work on the contract will be performed mainly at NASA's Johnson Space Center in Houston and NASA's Kennedy Space Center in Florida. Major subcontractors include United Space Alliance of Houston, Teledyne Brown Engineering of Huntsville, Ala., and Bastion Technologies of Houston.