Author: Matthew Nelson|| Date Published: March 1, 2019
Lockheed Martin (NYSE: LMT) has secured a $108.7M delivery order under a basic ordering agreement from the U.S. Navy to support modification and retrofit work on F-35 air systems delivered to domestic and foreign military sales clients.
The company’s aeronautics business will provide non-recurring and recurring engineering, site support and labor services to modify aircraft systems, the Department of Defense said Thursday.
Work is expected to conclude by February 2020.
The delivery order combines purchases for the Navy, Marine Corps, Air Force, non-DoD participants and FMS customers.
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