Hello, Guest!
  • Tuesday, April 23, 2024

Lockheed to Develop F-35 Pilot Training Server Under $98M Navy Contract Modification

Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $97.7 million contract modification to develop a runtime server for the F-35 pilot training system.

The Department of Defense said Monday that the company’s aeronautics segment will provide the hardware to the U.S. Navy, Air Force and non-DOD participants.

NAVAIR will obligate $12.8 million at the time of award, including $10.5 million from USAF’s and Navy’s fiscal 2021 research, development, test and evaluation funds.

Lockheed Martin Aeronautics will provide recurring F-35 logistics services to domestic and foreign military customers of the Joint Strike Fighter air system under a separate  $1.80 billion contract awarded in late June.

Video of the Day

Related Articles

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

Report: Federal Government Awarded Record $765B in FY 2023 Contracts Contract Awards

Report: Federal Government Awarded Record $765B in FY 2023 Contracts

A HigherGov analysis of government contracting activity showed that federal contracts awarded in fiscal year 2023 reached a record high of $765 billion, reflecting a 9.5 percent growth from FY 2022. The Navy saw the largest jump in contract awards in 2023, recording $154 billion.

Lockheed Secures $1.15B Navy Contract Modification for F-35 Site Activation, Hardware Support Contract Awards

Lockheed Secures $1.15B Navy Contract Modification for F-35 Site Activation, Hardware Support

Lockheed Martin (NYSE: LMT) has received a potential five-year, $1.15 billion contract modification from the U.S. Navy to help military customers activate F-35 sites and meet hardware requirements. The modification also covers planning and readiness reviews, contract management and production engineering support services for training device production lines in support of initial aircraft sustainment efforts