≈$4.01B Navy DEFINITIVE CONTRACT N0003019C0025

A development contract due to close in 24 days, described in six abbreviated words

Department of the Navy 2018-12-20 〜 2026-09-30

A Navy contract with Lockheed Martin worth about $4.00 billion. It ends on 30 September 2026, twenty-four days after this article was written on 2026-09-06, and its description runs to six mostly abbreviated words.

Contract key facts

  • RecipientLockheed Martin
  • Contract value$4,012,631,655 (≈$4.01B)
  • BranchNavy
  • Awarding agencyDepartment of Defense
  • Awarding sub-agencyDepartment of the Navy
  • Award typeDEFINITIVE CONTRACT
  • Period of performance2018-12-20 〜 2026-09-30
  • Contract ID (PIID)N0003019C0025

Contract scope (original)

IR CPS WS DEVELOPMENT AND INTEGRATION

Key points

  • Signed by the Department of the Navy on 20 December 2018 for about $4.00 billion, ending 30 September 2026.
  • Of the 208 Defense Department contracts this site holds as of 2026-09-06, 34 end on 30 September, and for this one the date is 24 days away.
  • Outlays stand at about $235 million, 5.86% of the amount obligated.
  • Of the six words in the description only "development and integration" is plain; the record does not expand the three abbreviations.

1The ending is 24 days away

The previous article showed that start dates follow no rule. This one returns to the other end. The contract closes on 30 September 2026, 24 days after this article was written on 2026-09-06.

Value of this contractabout $4.00 billion133rd of the 208
Outlaysabout $235 million5.86% of the amount obligated
Period20 December 2018 to 30 September 20267.8 years

Of 7.8 years, a little over three weeks remain. The record is on display in the state closest to its ending. Unless it is modified, the period expires before the next fiscal year opens.

2Even development ends on a year boundary

The only plain words in the description are "development and integration." Development is work whose finish is hard to fix in advance. The ending is placed on 30 September all the same, cut to the budget calendar exactly as a production contract would be.

Outlays234602794 / 4004693658

Outlays sit at 5.86% of the obligation. The record does not say why the figure remains there with most of the 7.8 years elapsed. Years often separate obligation from payment on defense contracts, so a low ratio does not translate directly into progress.

3The abbreviations sit outside the record

"IR CPS WS" is left unexpanded, and nothing in the record says what those letters stand for. Eight records on this site carry a description of a single word, so six words is comparatively generous. Even so, a reader learns only the kind of work: development and integration.

The next article looks at a contract closing on the same 30 September that buys no equipment at all.

Why it matters

A contract near its end date is in the last stretch during which the record is still updated. After it closes, amounts and outlays freeze, and the readable information can shrink rather than grow.

FAQ

Does the record disappear once the end date passes?
No. It remains, but updates stop, so amounts and outlays stay at the last values recorded.
Is 5.86% of outlays low?
It is a low ratio, but progress cannot be read from it. Obligation and payment are widely separated in time on defense contracts, so the outlay field is not a measure of work completed.
Can the abbreviations be resolved?
Not from within the record. Following the award detail and related orders on USAspending can sometimes indicate the character of the work through product and service classifications.

Sources (primary)

This article is an independent organization based on the U.S. official spending data below. Verify the exact, latest details with the official source.

#Defense contracts#Department of the Navy#Research and development#Fiscal year#Reading the data
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