Executive Summary
NASA awarded $6,006,015 in total obligations across two contracts to Lockheed Martin Corporation from NASA Glenn Research Center, representing a 100% civilian split with 0/2 defense-related awards. The dominant theme is basic space R&D services (PSC AR11, NAICS 541715) under cost-plus-fixed-fee structures, both non-competed with no set-asides. Highest-conviction signal is neutral (avg strength 2/10, materiality 1/10), reflecting minor revenue additions for Lockheed Martin amid ongoing NASA basic research funding. Both contracts show significant outlays ($3,210,919 and $2,264,952 respectively) with options unexercised, signaling low execution risk but limited upside. Key watch item: monitor option exercises to reach $3,871,841 and $2,671,620 ceilings by performance end date of 2026-06-30.
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Investment Signals(2)
- Lockheed Martin Secures $3.6M NASA Glenn Space R&D Contract(LOW)▲
Lockheed Martin awarded $3,619,785 cost-plus-fixed-fee contract (options to $3,871,841) for space R&D basic research, with $3,210,919 already outlayed as of data pull.
- Lockheed Martin Wins Additional $2.4M NASA Glenn R&D Award(LOW)▲
Second $2,386,230 obligation (options to $2,671,620) for identical space R&D basic research, featuring $2,264,952 outlays and non-competitive award structure.
Risk Flags(2)
- Execution[LOW RISK]▼
Vague contract descriptions ('FFT - IF MORE INFORMATION IS NEEDED, PLEASE CONTACT THE CO DIRECTLY') in both Lockheed Martin NASA Glenn awards require CO clarification.
- Competition[MEDIUM RISK]▼
Both $3.6M and $2.4M awards to Lockheed Martin were non-competed with unknown competition signals and no set-asides.
Opportunities(2)
- ◆
Unexercised options in Lockheed Martin NASA Glenn contracts could add $251,056 ($3,871,841 - $3,619,785) and $285,390 ($2,671,620 - $2,386,230).
- ◆
Potential follow-on awards from NASA Glenn for space R&D basic research after 2026-06-30 performance end.
Sector Themes(1)
- ◆
Two non-competed cost-plus-fixed-fee awards totaling $6M to Lockheed Martin for PSC AR11 space flight R&D (NAICS 541715), with high outlays indicating steady execution.
Watch List(2)
- 👁
{"entity"=>"Lockheed Martin Corporation", "reason"=>"Combined $6M NASA Glenn obligations with $5.48M outlayed; track unexercised options totaling $536K.", "trigger"=>"option exercise to $3,871,841 and $2,671,620"}
- 👁
{"entity"=>"NASA Glenn Research Center", "reason"=>"Back-to-back non-competed space R&D awards to Lockheed Martin signaling potential for follow-ons.", "trigger"=>"performance completion 2026-06-30 or new awards"}
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