MIT

MIT Lincoln Lab awarded $12B Air Force contract

The facility runs separately from MIT’s campus-based education and research operations "strictly on a cost-reimbursement, no-loss, no-gain basis,” said MIT in a statement

MIT Lincoln Laboratory in Lexington has just been awarded a $12.2 billion, five-year federal defense contract.

Amid news of the Trump Administration trying to cancel or limit research grants, MIT Lincoln Laboratory has just been awarded a $12.2 billion, five-year federal defense contract.

It’s a renewal of a longstanding contract for Lincoln Lab, a Department of Defense Federally Funded Research and Development Center (FFRDC) that’s been operated by MIT since 1951. It runs separately from MIT’s campus-based education and research operations "strictly on a cost-reimbursement, no-loss, no-gain basis,” said MIT in a statement.

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