Lockheed Awarded $153M Navy Modification for F-35 Production Support

Jeff Brody

Lockheed Martin’s aeronautics segment (NYSE: LMT) has secured a $153.4M modification to a contract with the U.S. Navy for F-35 aircraft training and production support services.

The company will deliver test tools and special equipment needed for the low-rate initial production and full-rate production of F-35 Lightning II aircraft, the Department of Defense said Friday.

Naval Air Systems Command will immediately obligate the modification’s full amount that combines funds for fiscal 2018 through 2020 Navy, U.S. Air Force and U.S. Marine Corps aircraft procurement, non-DoD users and foreign military sales customers.

Work will take place in California, Georgia, Montana, New York, Texas, Utah, Vermont, Italy, Norway, the Netherlands and the U.K. through December 2023.

The company received the original $266M contract in September.

Check Also

KBR

KBR Wins Potential $93M Navy Combat Integration System Support IDIQ

KBR’s (NYSE: KBR) government services business has won a potential five-year, $92.6M contract to engineer and produce datalink systems and associated platforms for the U.S. Navy’s combat operations.

DLA

DLA Awards Logistics Modernization Integration Support IDIQs to Advantaged Solutions, United Defense International

Advantaged Solutions and United Defense International have each received a potential five-year, $265M contract from the Defense Logistics Agency for logistics modernization integration support.