The US federal government contracts landscape is so vast and intricate that managing major projects requires extensive collaboration between prominent suppliers.
Focusing specifically on the defense sector, we have the example of the relationship between Lockheed Martin and Northrop Grumman.
Government subcontracting data from TenderAlpha shows that it is nothing unusual for Lockheed Martin to subcontract portions of the US defense contracts it has been awarded, to Northrop Grumman.
Highlighting but one example, some 20 subcontracts worth over $1.5bn in total were subcontracted to Northrop Grumman as part of the works under the $2.7bn federal contract awarded to Lockheed Martin in December 2022 for the delivery of F-35A, F-35B, and F-35C aircraft.
Across these subcontracts - awarded between March 2023 and March 2024, and tracked by TenderAlpha in its Subcontracting Data Feed - Lockheed Martin has entrusted Northrop Grumman with the delivery of critical components and services. These encompass tray assemblies, panel assemblies, synchronization converters, and more.
Analyzing the connection between federal agencies, prime contractors and subcontractor(s) offers valuable insights into companies’ financial health, dependencies on government contracts and/or other companies, and helps assess supply chain risks.
Such information can also open up new avenues for assessing company valuations and future revenue potentials.
To explore the full extent of the government subcontracting relationship between Lockheed Martin and Northrop Grumman and other US federal government contractors, try out our Subcontracting Data Feed for free!