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Tag Archives: F-35

Navy Issues $138M Modification on Lockheed’s Lot 9 F-35 Production Contract

Lockheed Martin‘s (NYSE: LMT) aeronautics business unit has received a $137.8 million contract modification from the U.S. Navy to fund cost reduction efforts for the low-rate initial production of lot 9 F-35s. The Defense Department said Friday that the full obligated amount at the time of award is from fiscal 2016 …

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Lockheed, Leonardo Unveil 1st F-35B Assembled in Italy

TYSONS CORNER, VA, May 8, 2017 — Lockheed Martin (NYSE: LMT), Leonardo and Italy’s defense ministry have rolled out the first short-takeoff/vertical-landing variant of the F-35 fighter jet assembled outside the U.S., ExecutiveBiz reported Friday. Lockheed said Friday it works with Leonardo to operate the Italian government-owned F-35 final assembly and …

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Air Force F-35A Fighter Jet to Head to Paris Air Show

The Air Force’s F-35A fighter jet will fly at the Paris Air Show in June, although earlier statements from the F-35 Joint Program Office said that the Lockheed Martin fighter jet would not be at the event, The Hill reports. “The F-35A strengthens partnerships and improves regional stability,” Air Force Chief of Staff …

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ACT I Lands Booz Allen Subcontract for F-35 Logistics Support; Michael Niggel Comments

TYSONS CORNER, VA, May 4, 2017 — Advanced Concepts and Technologies International will provide logistics and sustainment services to the Naval Air Systems Command on behalf of the F-35 Joint Program Office under a subcontract from Booz Allen Hamilton (NYSE: BAH), ExecutiveBiz reported Tuesday. ACT I said the subcontract is part of a …

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Lockheed Receives $1.4B Contract for Lot 12 F-35 Long Lead Parts

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $1.38 billion contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The Defense Department said Friday the materials are needed for the manufacture of 130 lot 12 F-35s in support of U.S Air Force, Marine Corps, Navy, non-DoD …

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Lockheed Receives $423M Lot 10 F-35 Special Equipment Procurement Funds

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $422.7 million contract modification from the U.S. Navy to obtain special tools and test equipment for the tenth batch of F-35 jets. The Defense Department said Wednesday the modification covers purchases from the Navy, U.S. Air Force and Marine Corps as well as international partners and foreign military …

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Lockheed Secures $110M Navy Contract Modification for F-35 Block 3F Upgrade Support

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $109.6 million contract modification to support Block 3F upgrade of company-built F-35s. The Defense Department said Tuesday the modification covers the provision of 567 modification kits for offboard system hardware and turnaround assets as well as recurring labor for the completion of hardware and software upgrades. …

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MBDA Secures 3 UK Missile Contracts Worth $689M Total

The U.K.’s ministry of defense has awarded MBDA three contracts worth $689 million combined to produce and maintain various missile systems for the British armed forces. MBDA will supply Meteor and Common Anti-air Modular Missile weapons as well as maintain Sea Viper missiles in support of various ships and aircraft, the ministry said Friday. The company secured a …

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Lockheed Gets $373M Contract Modification to Build F-35 Variants for Non-DoD Participants

Lockheed Martin (NYSE: LMT) has received a $372.9 million contract modification from the U.S. Navy to produce F-35A and F-35B variants and conduct deficiency correction efforts for non-Defense Department participants. DoD said Monday the modification falls under a previously awarded advance acquisition contract for low-rate initial production of lot 10 F-35s. The company received a $1.28 billion …

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Lockheed Gets $129M F-35 Core Processor Order Modification

Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a two-year, $129.4 million delivery order modification from the U.S. Navy to perform additional work on the TR-3 integrated core processor and related subsystems for the F-35 program. The Defense Department said Wednesday work under the modification seeks to address diminishing manufacturing sources challenges in the production of lot 15 F-35s …

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