The U.S. Navy has exercised a $166.3 million contract option for L-3 Communications (NYSE: LLL) to perform maintenance and logistics work on approximately 200 T-45 Goshawk training jets.L-3’s Vertex Aerospace subsidiary will continue to provide sustaining engineering, supply and government property management and related parts and materials procurement services to support an estimated 320 aircraft launches a day at various naval air stations, the Defense Department said Monday.
Work will occur at Naval Air Station Meridian in Mississippi, NAS Kingsville in Texas and NAS Pensacola in Florida and NAS Patuxent River in Maryland through September 2017.
The military branch will obligate funds with each order, according to DoD.
T-45 is designed to facilitate jet carrier aviation and tactical strike mission pilot training programs of the Navy and the U.S. Marine Corps.
