Hello, Guest!
  • Thursday, April 25, 2024

Lockheed Receives $302M F-35 Ancillary Mission Equipment Delivery Order


The Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $302 million delivery order to obtain ancillary mission equipment for the 12th F-35 aircraft batch.

The Defense Department said Friday the company will use the funds to procure low-rate initial production lot 12 aircraft equipment for the U.S. Navy, Air Force, Marine Corps, non-DoD participants and foreign military sales customers.

Lockheed received a $1.38 billion advance acquisition contract in May of last year to acquire long-lead time materials and services necessary to build 130 jets.

Work under the delivery order will occur in Fort Worth, Texas, through January 2021.

Video of the Day

Related Articles

Boeing Secures $657M Navy Contract Modification for MQ-25 Test Article Aircraft Contract Awards

Boeing Secures $657M Navy Contract Modification for MQ-25 Test Article Aircraft

Boeing (NYSE: BA) has received a potential $657.1 million contract modification from the U.S. Navy to support the production and delivery of two more MQ-25 Stingray System Demonstration Test Article aircraft. The modification includes related tooling and communication systems changes to the aerial refueling drone and seeks to definitize obsolescence phase two for non-recurring engineering

Lockheed Secures $440M Navy Contract Modification for F-35 Site Activation, Sustainment Services Contract Awards

Lockheed Secures $440M Navy Contract Modification for F-35 Site Activation, Sustainment Services

Lockheed Martin (NYSE: LMT) has secured a $439.9 million contract modification from the U.S. Navy to help military services activate sites and carry out initial aircraft sustainment activities for their F-35 aircraft fleet. The modification covers the provision of support equipment, pilot flight equipment, post-ejection survival training material and related services in support of initial

Boeing Awarded $1.3B Navy F/A-18 Super Hornet Production, Sustainment Contract Contract Awards

Boeing Awarded $1.3B Navy F/A-18 Super Hornet Production, Sustainment Contract

Boeing (NYSE: BA) has secured a $1.3 billion contract to build and deliver 17 F/A-18 multi-role strike fighter jets and a technical data package for fleet sustainment to the U.S. Navy. The service branch expects the delivery of the new Super Hornets to commence in winter 2026 and reach completion in spring 2027, Naval Air