Lockheed Wins $7.4B F-22 Raptor Support IDIQ

The U.S. Air Force has awarded Lockheed Martin Corp. (NYSE: LMT) a not-to-exceed $7.4 billion indefinite-delivery/indefinite-quantity contract to support the Air Force’s F-22 Raptor program.

Lockheed will develop upgrades, incorporate new requirements, add capabilities and boost performance of the aircraft, according to a Defense Department release.

Wright-Patterson Air Force Base, Ohio, is the contracting activity.

3 Responses

  1. [...] The Bethesda, Md.-based contractor won a $7.4 billion contract from the Air Force in November to support the Raptor fleet with upgrades and new requirements. [...]

  2. [...] announcement came nearly four months after the company won a larger $7.4 billion Air Force contract to upgrade and provide new requirements for the [...]

  3. [...] Bethesda, Md.-based aerospace and defense firm holds a $7.4 billion contract from the Air Force to support the Raptor fleet with upgrades and new [...]

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