LM Wins Role on USAF Medical Advisory Services Contract

The U.S. Air Force Medical Service selected Lockheed Martin [NYSE: LMT] to compete for future task orders on its new Consultant Advisory and Technical Services (CATS) contract.  Thirteen other companies were also selected to compete for tasks through CATS.

The five-year indefinite delivery/indefinite quantity (IDIQ) contract will support the Air Force Medical Service in its efforts to provide trusted care anywhere by delivering studies, analyses and evaluations, engineering and technical services, and management and professional support services on a competitive task order basis. 

"Efficiency in health care leads to lower costs and better results for patients," said June Shrewsbury, vice president of technical services within Lockheed Martin's Global Training and Logistics business unit. "Our technical expertise will support the Air Force Medical Service in its strategy and delivery of essential health care to military personnel."

Lockheed Martin's expertise in health services includes its recent award to stand up a new research replacement laboratory for the U.S. Army Institute of Infectious Diseases at Fort Detrick, Md., and the outfitting and transition activities for the recently completed San Antonio Military Medical Center.

The company also provided the initial outfitting and transition work on the U.S. Army Medical Command's newly established Medical Education Training Campus (METC) at Joint Base Sam Houston in San Antonio.  The METC is the world's largest enlisted military medical training campus, providing a common training ground for the U.S. Army, Air Force, Navy and Coast Guard.

The CATS initiative has a potential ceiling value of $985 million.

Source: Lockheed Martin Corporation (NYSE: LMT)
Date: May 23, 2012