Home / Contract Awards / Lockheed Books $712M Hardware Delivery Order Under F-35 Tech Refresh Program

Lockheed Books $712M Hardware Delivery Order Under F-35 Tech Refresh Program

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $712.4M delivery order from the U.S. Navy to design and develop hardware for the F-35 Technology Refresh 3 system.

The company will support flightworthy certification, production readiness review and fleet release of the system for use in lot 15 fighter jets, the Department of Defense said Thursday.

Work will take place in Fort Worth, Texas, through March 2023.

The Navy, U.S. Marine Corps and non-DoD participants will obligate $207.1M in total funds at the time of award.

Lockheed selected Harris (NYSE: HRS) in September to build an integrated core processor in support of F-35 TR3 modernization efforts. Harris will also provide its Panoramic Cockpit Display Electronic Unit and Aircraft Memory System to the project.

Check Also

Kay Kapoor, John Johnson Named to Tyto Athene Executive Advisory Board

Kay Kapoor, founder and CEO of Arya Technologies, and John Johnson, a partner at government …

DLA Chooses Six Firms for $985M Fire, Emergency Equipment Supply IDIQ

Six companies have won spots on a potential five-year, $985M contract from the Defense Logistics …