Lockheed Martin Corp has won a $441.9 million modification to its U.S. Navy F-35 fighter contract, according to the Pentagon. The modification changes an initial low-rate production “advance acquisition” contract to a “cost-plus-incentive-fee/award-fee contract” that compensates a contractor in a way that equals its expenses plus a profit. The stealth-enabled F-35 fighter jet is in the early stages of production.
BAE Systems will convert the U.S. Army's armored recovery vehicles to a M88A3 configuration under a $318M contract to help the service branch address its single-vehicle requirement for Abrams tank towing operations.
Hughes Network Systems will develop and demonstrate a technology intended to manage satellite communications under a $2.2M contract from the U.S. Air Force's Space and Missile Systems Center. The company said Monday it will create the Enterprise Management and Control system prototype with the firm's Flexible Modem Interface to support interoperability between satcom networks.