Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later
lockheed-gets-173m-modification-on-advance-lot-15-f-35-acquisition-contract

Lockheed Gets $173M Modification on Advance Lot 15 F-35 Acquisition Contract

Jeff Brody

Lockheed Martin (NYSE: LMT) has been awarded a $173.2M contract modification by the U.S. Navy to obtain materials, components and support needed to build the 15th batch of F-35 jets.

The company will use the funds to meet F-35 production and delivery goals in support of the Navy and the Marine Corps as well as Italy under a foreign military sales agreement, the Department of Defense said Monday.

In February, Lockheed received a $347.8M modification as part of an advance acquisition contract for 43 lot 15 aircraft for the fighter program's FMS and non-DoD participants.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles