Lockheed Martin

The Government of Canada spent an estimated $48.7M in 2021-2022 on contracts with Lockheed Martin.

Across 49 contracts active since the start of the 2017-2018 fiscal year, 11 have at least one amendment (22%). Of contracts with amendments, the average increase in dollar value was 140% and the average number of amendments was 2.73. Cumulatively these amendments represent an increase of $545.8M over the original contract values.

The average contract duration was 3.57 years, and the average contract value (not including contracts under $10k) was $63.0M. The longest contract was 14.67 years. The largest contract by value (including amendments) was $1.8B.