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Lockheed Gets $158M Navy Order for F-35 Air System Modification, Retrofit Support

Lockheed Martin (NYSE: LMT) has received a one-year, $158.3 million delivery order from the U.S. Navy to help modify and retrofit air systems for domestic and international F-35 jets.

The Defense Department said Tuesday the company’s aeronautics business will provide program management, recurring and non-recurring engineering, site support and touch labor services through the cost-plus-fixed-fee order.

The Navy, Air Force, Marine Corps, a non-DoD participant and foreign military sales customers of the Joint Strike Fighter program will receive the services.

Work will occur at a Lockheed facility in Fort Worth, Texas and the company is scheduled to complete work in February 2019.

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