Lockheed Wins $209M For Navy F-35 Spares

Lockheed Martin (NYSE: LMT) has won a $209.8 million contract modification to provide the U.S. Navy spares for F-35 jets, the Defense Department announced Monday.

The company’s aeronautics unit will deliver the spares for 32 low rate initial production, lot five jets and the Pentagon expects delivery to finish by June 2015.

The Naval Air Systems Command at Patuxent River, Md. is the contracting activity.

In June, Lockheed won an estimated $489.5 million contract to provide the Navy long lead-time parts, materials and other components for lot seven of low rate initial production.

That contract also covers parts for jets owned by international partners including Italy, Turkey, Norway and the U.K.

Those countries are among the eight that have purchased the F-35 and 25 total countries are reportedly interested in adding the jet to their fleets.

You may also be interested in...

Gen. John Raymond Chief of Space Operations U.S. Space Force

Gen. John Raymond: Space Force’s Acquisitions Command to Include Offices for Legacy, Nontraditional Contracting

Gen. John Raymond, chief of space operations of the U.S. Space Force and a 2020 Wash100 awardee, has said the service branch plans to include nontraditional and legacy procurement offices in its planned acquisitions command, SpaceNews reported Wednesday.

David Appel VP Raytheon I and S

Raytheon to Support USAF DevSecOps Software Dev’t; David Appel Quoted

Raytheon Technologies' (NYSE: RTX) intelligence and space business has signed a five-year basic ordering agreement to help the U.S. Air Force develop agile and secure software. The company said Wednesday it will support USAF's pursuits with Platform One, a team tasked to support development, security and operations or DevSecOps for the Department of Defense.