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  • Friday, April 26, 2024

Lockheed Martin Takes Off with Dual Air Force Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) has been awarded a $162, 900, 000 contract, which will provide for the C-5M reliability enhancement and re-engining program, full-rate production Lot 5 advance procurement.  At this time, the entire amount has been obligated.  ASC/WLSK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8625-07-C-6471).

“Also, the firm has been awarded a $115, 658, 189 contract modification.  This contract will provide for the C-5M reliability enhancement and re-engining program, low-rate initial production Lot 3 installation.  At this time, the entire amount has been obligated.  ASC/WLSK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8625-07-C-6471).”

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