Hello, Guest!
  • Thursday, April 25, 2024

Navy Awards Lockheed $582M F-35 Air Vehicle Spares Delivery Order


Lockheed Martin (NYSE: LMT) has secured a four-year, $581.8 million delivery order from the U.S. Navy to supply air vehicle initial spares for the F-35 program.

The Defense Department said Friday the order covers F-35 common spares; F-35A, F-35B and F-35C unique spares; aloft spares packages/deployment spares packages and reprogramming lab spares in support of the Navy, Air Force, Marine Corps, non-DoD participants and foreign military sales customers.

Work will occur in Texas, California, New York, New Hampshire, Florida, Iowa, Arizona, Connecticut, Maryland, Illinois, Georgia, U.K. and Netherlands through April 2021.

The Naval Air Systems Command will obligate $580.8 million at the time of the award from the Air Force, Navy and Marine Corps’ fiscal 2015, 2016 and 2017 aircraft procurement funds as well as from non-DoD participant and FMS  funds.

Video of the Day

Related Articles

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault Contract Awards

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault

Deloitte Consulting will provide advanced manufacturing support and enterprisewide digital manufacturing data vault capabilities and services under a potential seven-year, $99.8 million other transaction production agreement with the U.S. Navy. The majority of the contract work will occur in Arlington, Virginia, through April 2031, the Department of Defense said Thursday. Under the single-award agreement, the

Marine Corps Selects 3 Vendors for $249M Organic Precision Fires-Light System Development Contract Contract Awards

Marine Corps Selects 3 Vendors for $249M Organic Precision Fires-Light System Development Contract

The U.S. Marine Corps has awarded AeroVironment (Nasdaq: AVAV), Anduril Industries and Teledyne FLIR positions on a potential eight-year, $249 million contract to build, test, support and deliver a non-developmental item loitering munition system designed to provide dismounted Marines in the infantry rifle squad with precision strike capability against adversaries beyond the line of sight.

New Potomac Officers Club Forum to Explore Tech & Cyber’s Impacts on Joint Forces, International Allies Events

New Potomac Officers Club Forum to Explore Tech & Cyber’s Impacts on Joint Forces, International Allies

The U.S. Department of Defense’s messaging on future fights has been clear: if a geopolitical conflict were to arise that necessitated American participation, the country would not go at it alone. Relationships with international allies are crucial today and looking into the future, which is why Potomac Officers Club is holding an event of utmost importance: