Author: Matthew Nelson|| Date Published: September 29, 2020
Lockheed Martin (NYSE: LMT) has been awarded a $709.8M contract modification by Naval Air Systems Command to obtain materials needed for the low-rate initial production of additional F-35 jets for U.S. and foreign military sales customers.
The modification funds material purchases for lot 15 through lot 17 aircraft of the U.S. Air Force, Navy and Marine Corps as well as FMS and non-Department of Defense participants, DoD said Monday.
NAVAIR issued a $172.2M advance acquisition contract in late 2019 for long lead materials, components and production of 28 lot 15 F-35s for the Navy and Marine Corps.
The Pentagon expects work under the modification to conclude by May 2026.
Space Force awards Northrop $398M SATCOM satellite prototype contract The program aims to strengthen communications in contested environments The award…
Nine companies win spots on Navy unmanned systems contract Work covers design, testing, deployment and sustainment support Autonomous maritime platforms…
Anthropic reportedly explores massive new funding round Anthropic deepens focus on AI-driven cyber defense and national security Its growth highlights…
