Author: Naomi Cooper|| Date Published: May 18, 2022
Lockheed Martin (NYSE: LMT) has received a two-year, $632.1 million contract from Naval Air Systems Command to create software builds and conduct developmental flight tests for the F-35 program.
The company’s aeronautics segment will provide logistics, maintenance, engineering and material services to U.S. and international military customers, the Department of Defense said Tuesday.
Domestic customers under the cost-plus-incentive-fee contract are the U.S. Navy, Marine Corps and the Air Force.
The award also includes support for F-35 sea trials of the U.K. government to fulfill a foreign military sales requirement.
Eighty-one percent of the work will be conducted in Fort Worth, Texas, and the remaining 19 percent will occur in other locations within the U.S., Canada and the U.K.
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