Author: Nichols Martin|| Date Published: June 16, 2020
Lockheed Martin (NYSE: LMT) will provide additional support services to South Korea's F-35 aircraft under a $183.8M contract modification from the U.S. Navy.
The award calls for the provision of technical, security and operation services through a company facility in Fort Worth, Texas, the Department of Defense said Friday.
South Korea requested for follow-on F-35 support from the U.S. via a $675M foreign military sales transaction the State Department approved in April.
The company will receive FMS funds covering the full amount of the modification and perform work through January 2021.
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…