Lockheed Martin‘s (NYSE: LMT) commercial engine solutions business, formerlyÂ Kelly Aviation Center,Â has secured a potential nine-year, $1 billion contract to provide engine overhaul and logistics support services for theÂ U.S. Air ForceâsÂ KC-10Â tanker aircraft.
TheÂ service branch received two proposals for the indefinite-delivery/indefinite-quantity contract that also covers engine teardown, on-wing support, labor, engine parts and transportation services, the Defense Department said Tuesday.
Work will occurÂ at airÂ bases in California, New Jersey, Texas and Florida through March 6, 2026.
The Air Force Life Cycle Management Center will obligate $3.6 million from fiscal 2017 operations and maintenance funds at the time of award.
KC-10Â is designed to perform aerial refueling and cargo transport missions and has a maximum takeoff weight of up to 590,000 pounds.