Lockheed Martin is being awarded a $743 million to the previously awarded low-rate initial production Lot 9 F-35 Lightening II Joint Strike Fighter advance acquisition contract.
This modification provides additional funding and will establish not-to-exceed (NTE) prices for diminishing manufacturing and material shortages redesign and development, estimated post production concurrency changes and country unique requirements, US department of defense said in a statement Monday.
In addition, this modification will establish NTE prices for one F-35A aircraft and one F-35B aircraft for a non-U.S. Department of Defense (DoD) participant in the F-35 program.
Work is expected to be completed in December 2019.
This modification combines purchases for the Air Force, Navy, and Marine Corps, non-U.S. DoD participants and Foreign Military Sales. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.