03-14-2022, 06:42 PM
Those who know me, recognize I have invested in a concentrated portfolio for decades and have been very comfortable doing so.
LMT presently comprises 9.31% of my overall portfolio. (second largest holding, Berkshire now comprises a 20% capital investment of my overall portfolio)Defense budgets pass in bi-partisan fashion every year just like clockwork.
LMT defense contracts for Month of February -
Lockheed Martin Space, Littleton, Colorado, is awarded an $18,700,000 cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification for engineering development, systems integration, and long lead material procurement in support of missile production.
Lockheed Martin Corp., Syracuse, New York, is awarded a $9,050,510 cost-plus-incentive-fee for design, prototyping, and qualification testing of submarine electronic warfare equipment.
Lockheed Martin Corp., Rotary and Mission Systems, Syracuse, New York, is awarded a $7,996,684 fixed-price incentive fee contract modification for Navy systems and associated equipment.
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a not-to-exceed $315,806,063 fixed-price incentive (firm target), cost-plus-incentive-fee, and cost-plus-fixed-fee, undefinitized for the procurement, delivery, installation, and configuration of F-35 Joint Strike Fighter support equipment and non-aircraft spares.
Lockheed Martin Rotary and Mission Systems, Owego, New York, is awarded a $28,579,847 firm-fixed-price modification to procure MH-60R/S aircraft mission computer (MC) and flight management computer (FMC) retrofit kits, wiring kits, and Lynx licenses.
Lockheed Martin Corp., Orlando, Florida, was awarded a $138,916,495 cost-plus-fixed-fee other transaction agreement for federation, testing and user operational assessments of the Spike non-line-of-sight missile system.
Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $16,099,270 cost-plus-incentive-fee contract for Patriot Advanced Capability-3 flight test support.
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a $372,040,552 fixed-price incentive (firm-target) for the production and delivery of four low-rate initial production, Lot 6, CH-53K Heavy Lift aircraft, as well as associated aircraft programmatic and logistical support for the government of Israel.
Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is awarded a $59,457,395 cost-plus-incentive fee for delivery of Technical Insertion-22 (TI-22) shore sites systems.
Lockheed Martin Rotary and Mission Systems, Owego, New York, is awarded a $12,561,887 cost-plus-incentive-fee for the development of preliminary software design, software coding, maturation, test, and integration for Link 16 Advanced Capabilities with the Multifunctional Information Distribution System Joint Tactical Radio System into the MH-60R/S aircraft
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a $99,250,000 cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract. This contract provides products and support required to rapidly integrate and field VH-92A aircraft simulators and trainers in support of the Presidential Helicopter Program.
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $42,134,921 firm-fixed-price modification to procure ancillary mission equipment in support of F-35 Joint Strike Fighter Lot 16 production aircraft for the Navy, Marine Corps, Air Force, Foreign Military Sales customers, and non-U.S. Department of Defense participants.
Sikorsky, a Lockheed Martin Company, Stratford, Connecticut, is awarded a $37,691,897 to procure 1,026 various spare parts for the CH-53K low rate initial production configuration aircraft.
Lockheed Martin Corp., Syracuse, New York, is awarded a $15,067,063 firm-fixed-price modification to exercise options for the procurement of submarine modernization kits, equipment, and installation.
The contract modification announced on Dec. 28, 2021, for $492,685,342 to Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, to exercise options to provide logistics support for delivered F-35 Lightning II Joint Strike Fighter aircraft systems for the Air Force, Marine Corps, Navy, non-U.S. Department of Defense participants and Foreign Military Sales customers has been amended to $2,184,666,887.
Sikorsky Aircraft Corp., Stratford, Connecticut, was awarded a $42,152,263 cost-plus-fee, cost-no-fee, firm-fixed-price contract for non-personal technical services in support of sustainment of the H-60 Black Hawk helicopter.
Sikorsky, a Lockheed Martin Co., Stratford, Connecticut, is awarded a $36,007,409 cost-plus-fixed-fee order to provide a CH-53K Flight Control Computer (FCC) redesign due to obsolescence and will include non-recurring engineering efforts to integrate, test, and qualify an updated FCC.
Lockheed Martin Corp., Orlando, Florida, is awarded a $49,273,462 firm-fixed-price order to provide Long-Range Anti-Ship Missile integration and test effort for the Royal Australian Air Force F/A-18 E/F aircraft for the government of Australia.
Lockheed Martin Corp., Sunnyvale, California, has been awarded a $22,984,200 firm-fixed-price contract for Defense Meteorological Satellite Program spacecraft sustainment.
- Scoot
LMT presently comprises 9.31% of my overall portfolio. (second largest holding, Berkshire now comprises a 20% capital investment of my overall portfolio)Defense budgets pass in bi-partisan fashion every year just like clockwork.
LMT defense contracts for Month of February -
Lockheed Martin Space, Littleton, Colorado, is awarded an $18,700,000 cost-plus-incentive-fee and cost-plus-fixed-fee unpriced letter contract modification for engineering development, systems integration, and long lead material procurement in support of missile production.
Lockheed Martin Corp., Syracuse, New York, is awarded a $9,050,510 cost-plus-incentive-fee for design, prototyping, and qualification testing of submarine electronic warfare equipment.
Lockheed Martin Corp., Rotary and Mission Systems, Syracuse, New York, is awarded a $7,996,684 fixed-price incentive fee contract modification for Navy systems and associated equipment.
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a not-to-exceed $315,806,063 fixed-price incentive (firm target), cost-plus-incentive-fee, and cost-plus-fixed-fee, undefinitized for the procurement, delivery, installation, and configuration of F-35 Joint Strike Fighter support equipment and non-aircraft spares.
Lockheed Martin Rotary and Mission Systems, Owego, New York, is awarded a $28,579,847 firm-fixed-price modification to procure MH-60R/S aircraft mission computer (MC) and flight management computer (FMC) retrofit kits, wiring kits, and Lynx licenses.
Lockheed Martin Corp., Orlando, Florida, was awarded a $138,916,495 cost-plus-fixed-fee other transaction agreement for federation, testing and user operational assessments of the Spike non-line-of-sight missile system.
Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $16,099,270 cost-plus-incentive-fee contract for Patriot Advanced Capability-3 flight test support.
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a $372,040,552 fixed-price incentive (firm-target) for the production and delivery of four low-rate initial production, Lot 6, CH-53K Heavy Lift aircraft, as well as associated aircraft programmatic and logistical support for the government of Israel.
Lockheed Martin Rotary and Mission Systems, Manassas, Virginia, is awarded a $59,457,395 cost-plus-incentive fee for delivery of Technical Insertion-22 (TI-22) shore sites systems.
Lockheed Martin Rotary and Mission Systems, Owego, New York, is awarded a $12,561,887 cost-plus-incentive-fee for the development of preliminary software design, software coding, maturation, test, and integration for Link 16 Advanced Capabilities with the Multifunctional Information Distribution System Joint Tactical Radio System into the MH-60R/S aircraft
Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a $99,250,000 cost-plus-fixed-fee, cost reimbursable, indefinite-delivery/indefinite-quantity contract. This contract provides products and support required to rapidly integrate and field VH-92A aircraft simulators and trainers in support of the Presidential Helicopter Program.
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $42,134,921 firm-fixed-price modification to procure ancillary mission equipment in support of F-35 Joint Strike Fighter Lot 16 production aircraft for the Navy, Marine Corps, Air Force, Foreign Military Sales customers, and non-U.S. Department of Defense participants.
Sikorsky, a Lockheed Martin Company, Stratford, Connecticut, is awarded a $37,691,897 to procure 1,026 various spare parts for the CH-53K low rate initial production configuration aircraft.
Lockheed Martin Corp., Syracuse, New York, is awarded a $15,067,063 firm-fixed-price modification to exercise options for the procurement of submarine modernization kits, equipment, and installation.
The contract modification announced on Dec. 28, 2021, for $492,685,342 to Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, to exercise options to provide logistics support for delivered F-35 Lightning II Joint Strike Fighter aircraft systems for the Air Force, Marine Corps, Navy, non-U.S. Department of Defense participants and Foreign Military Sales customers has been amended to $2,184,666,887.
Sikorsky Aircraft Corp., Stratford, Connecticut, was awarded a $42,152,263 cost-plus-fee, cost-no-fee, firm-fixed-price contract for non-personal technical services in support of sustainment of the H-60 Black Hawk helicopter.
Sikorsky, a Lockheed Martin Co., Stratford, Connecticut, is awarded a $36,007,409 cost-plus-fixed-fee order to provide a CH-53K Flight Control Computer (FCC) redesign due to obsolescence and will include non-recurring engineering efforts to integrate, test, and qualify an updated FCC.
Lockheed Martin Corp., Orlando, Florida, is awarded a $49,273,462 firm-fixed-price order to provide Long-Range Anti-Ship Missile integration and test effort for the Royal Australian Air Force F/A-18 E/F aircraft for the government of Australia.
Lockheed Martin Corp., Sunnyvale, California, has been awarded a $22,984,200 firm-fixed-price contract for Defense Meteorological Satellite Program spacecraft sustainment.
- Scoot