Author: Matthew Nelson|| Date Published: April 24, 2019
Lockheed Martin (NYSE: LMT) received a $117.1M delivery order modification to provide F-35 air vehicle spares to the U.S. Air Force and U.S. Marine Corps.
The company will deliver a deployment and afloat spares package and related consumables as part of the modification awarded by Naval Air Systems Command, the Department of Defense said Tuesday.
Seventy-five percent of purchases are for USAF and the remaining 25 percent are for USMC.
The Pentagon expects the company to fulfill the orders by August 2023.
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