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05:16 AM, November 24, 2016
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Lockheed Martin Wins $7.1 Billion US Navy Contract For 90 F-35 Fighter Jets
F-35 fighter aircraft aboard USS America (Lockheed Martin on twitter)

Lockheed Martin is being awarded a $7.1 billion modification to the previously awarded F-35 Lightning II advance acquisition contract.

This modification provides for the procurement of 90 aircraft, comprised of 76 F-35A aircraft for the Air Force, non-U.S. Department of Defense (DoD) participants, and Foreign Military Sales (FMS) customers; 12 F-35B aircraft for the Marine Corps, and non-U.S. DoD participants; and two F-35C aircraft for the Navy, US department of defense said in a statement Wednesday.

In addition, this modification provides for diminishing manufacturing and material shortages redesign and management; non-recurring engineering, changes to correct deficiencies resulting from concurrency between systems development and demonstration and production; and unique requirements for non-U.S. participants and FMS customers.

The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

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