Home / Contract Awards / Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

Lockheed-Led Team Lands $1.4B F-35 Sustainment Support Contract

A Lockheed Martin-led (NYSE: LMT) industry team has received a potential $1.4 billion contract to provide sustainment support for F-35 fighter jets worldwide.

The contract awarded by the F-35 joint program office also covers Automatic Logistics Information System support, predictive health management and data analytics; supply chain logistics; air system maintenance; sustaining engineering; depot activation; and pilot and maintainer training, Lockheed said Monday.

The Lockheed-led team will also help build up enterprise capacity in support of the future fleet of at least 3,000 F-35 jets under the contract that will run through April 30, 2019.

Lockheed has delivered over 280 F-35 jets that operate from 15 bases worldwide and the current fleet has recorded more than 130,000 flight hours.

The company said it has implemented several measures to reduce F-35 costs and improve readiness such as investments in data analytics and diagnostics; synchronization of production and component orders for sustainment; and expansion of the global supply chain.

Check Also

SpaceX Wins $130M Air Force Launch Services Contract; Gwynne Shotwell Comments

SpaceX has received a potential two-year, $130 million contract to bring into orbit a U.S. …

Peraton Eyes IT Engineering Task Orders Under DISA’s $7.5B SETI IDIQ; Gus Bontzos Comments

Peraton will compete for task orders worth up to $500 million to provide information technology …