Lockheed Martin Receives $1.1 Billion Contract For 80 F-35s Materials Procurement

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  • 05:57 AM, December 22, 2015
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Lockheed Martin Receives $1.1 Billion Contract For 80 F-35s Materials Procurement
F-35 Lightning-II fighter jet

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $1,171,206,489 advance acquisition contract for the advance procurement of long lead time materials, parts, components and effort to maintain the planned production schedule for F-35 low rate initial production lot 11 aircraft.

A U.S DoD statement said the advance acquisition effort includes 80 F-35A aircraft (28 for the U.S. Air Force; 6 for the government of Norway; 4 for the government of Turkey; 8 for the government of the Netherlands; 8 for the government of Australia; 10 for the government of Israel; 6 for the government of Japan; and 10 for the government of South Korea); 7 F-35B aircraft (6 for the U.S. Marine Corps; and 1 for the United Kingdom); and 4 F-35C aircraft for the U.S. Navy.

This contract also includes an undefinitized contract action for production of 2 F-35A aircraft for the U.S. Air Force and F-35C aircraft for the U.S. Navy.

This contract combines purchase for the U.S. Air Force ($401,509,516; 34.3 percent); U.S. Navy ($256,433,369; 21.9 percent); U.S. Marine Corps ($106,500,000; 9.1 percent); non-U.S. DoD partners ($207,069,044; 17.7 percent) and foreign military sales ($199,694,560; 17 percent) under the Foreign Military Sales program.  

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