Lockheed Martin (NYSE: LMT) has won a $209.8 million contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the COContracting Officer or Change Order, directing that the contractor to make a change authorized byBudget Year the "changes" clause. Not issued without contractor consent. 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 byBudget Year 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 byBudget Year international partners including Italy, Turkey, Norway and the U.KContract/Thousand.
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.