Home / Contract Awards / Lockheed Gets $129M F-35 Core Processor Order Modification

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 for the U.S. Air Force, Marine Corps, Navy and international customers.

The Naval Air Systems Command will obligate $27 million in fiscal 2017 research, development, test and evaluation funds of the Air Force, Marine Corps and Navy as well as international partner funds.

Contract work will occur in Fort Worth, Texas, through March 2019.

Check Also

CAE, ITility, ValidaTek Win Spots on $95M Air Force Advisory, Assistance Services IDIQ

CAE USA's mission solutions subsidiary, ITility and ValidaTek have won positions on a potential seven-year, $95M contract to provide advisory and assistance services to the U.S. Air Force.

USAID Awards 10 Spots on $2.5B SWIFT 5 Unrestricted Transition Support IDIQ

The U.S. Agency for International Development has awarded 10 companies positions on the unrestricted portion of a potential five-year, $2.5B contract to support U.S. foreign policy objectives by helping USAID’s office of transition initiatives advance democracy and stabilization efforts in countries facing political crises.