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08:51 AM, May 3, 2016
Lockheed Martin Wins $1.2 Billion Contract For 13 F-35 Aircraft

Lockheed Martin has been awarded $1.2 billion worth US Navy contract for Lockheed Martin for the delivery of 13 F-35 Lightning II aircraft.

“Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $1,271,800,000 not-to-exceed undefinitized modification to the previously awarded low-rate initial production Lot 11 advance acquisition contract N00019-16-C-0033 for aircraft added by the U.S. services in fiscal 2016 budget deliberations and by Congress in the Consolidated Appropriations Act, 2016. This modification provides for the delivery of 13 F-35 Lightning II aircraft for the Marine Corps (six F-35B); Air Force (three F-35A); and Navy (four F-35C),” the US Department of Defense announced Monday.

Work will be performed in Fort Worth, Texas; El Segundo, California; Warton, United Kingdom; Orlando, Florida; Nashua, New Hampshire; Baltimore, Maryland; and Cameri, Italy, and is expected to be completed in December 2019.

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