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  • Tuesday, April 16, 2024

Lockheed Wins $613M for AF F-22 Support

LockheedLogoLockheed Martin (NYSE: LMT) has won a $613, 276, 500 contract modification to continue providing the U.S. Air Force sustainment support for the F-22 fighter jet.

The Defense Department said this award is part of the follow-on agile sustainment for the Raptor program.

Work will occur in Fort Worth, Tex. through Sept. 30, 2013 and Wright-Patterson Air Force Base, Ohio is the contracting activity.

The 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 requirements.

Lockheed also holds an estimated $664.4 million modification, announced in March, covering continued sustainment work on the Raptor.

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