Author: Naomi Cooper|| Date Published: February 1, 2022
Lockheed Martin (NYSE: LMT) has secured a $1.42 billion sole-source contract to provide logistics and mission sustainment services to the U.S. Air Force’s fleet of military transport planes.
The AF Life Cycle Management Center is obligating $91 million in fiscal 2022 operations and maintenance funds at the time of the award and expects the company to finish contract work by Jan. 31, 2032, the Department of Defense said.
Services will take place at Lockheed’s facility in Marietta, Georgia.
In July 2020, the aerospace and defense company received a 10-year, $15B contract from the Air Force to develop, manufacture and retrofit all variants of the C-130J aircraft.
The service branch uses the Super Hercules fleet to transport equipment and personnel into hostile areas and perform airlift activity in aeromedical, weather reconnaissance, aerial spray and disaster relief missions.
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…
The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…
