Lockheed Martin has won a $171 million worth contract for performing work on F-35 Lightning II air system, the Department of defense announced Tuesday.
“Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $171,705,115 cost-plus-fixed-fee modification to a previously awarded F-35 Lightning II low rate initial production Lot 11 contract (N00019-16-C-00033),” the statement says.
This modification authorizes the procurement of diminishing manufacturing sources redesign activities in support of the F-35 Lightning II air system.
Work will be performed in Fort Worth, Texas, and is expected to be completed in January 2024.
Fiscal 2016 aircraft procurement (Air Force); fiscal 2018 aircraft procurement (Navy and Marine Corps); and international partner funds in the amount of $171,705,115 are being obligated at time of award, $68,654,573 of which will expire at the end of the current fiscal year.
This modification combines purchases for the Air Force ($68,654,573); Navy ($34,327,287); Marine Corps ($34,327,287); and international partners ($34,395,968), the statement added.
Lockheed Martin has won $1.4 billion contract for recurring logistics services for delivered F-35 Lightning II Joint Strike Fighter air systems in support of the Air Force, Marine Corps, Navy, non-Department of Defense (DoD) participants, and foreign military sales (FMS) customers
Lockheed Martin plans to offer a hybrid stealth fighter design based on its F-22 Raptor and F-35 Lightning II aircraft. The proposed aircraft "would combine the F-22 and F-35 and could be superior to both of them," Reuters reported quoting unnamed sources Friday
US aerospace giant Lockheed Martin on Wednesday rolled out the first of 40 F-35A fighter jet of South Korea in a ceremony held in Fort Worth, Texas, USA. The remaining fifth-generation stealth fighters are expected to be the delivered to South Korea over the next three to four years
Lockheed Martin Aeronautics Co is being awarded a $1,463,152,389 modification to a previously awarded advance acquisition contract for long lead material and parts for low rate initial production (LRIP) of F-35 Lightning II air systems. The contract is in support of the Air Force, Marine Corps, Navy, non-U
Lockheed Martin Aeronautics is being awarded a $22,712,874,822 contract modification to a previously awarded advanced acquisition contract for 255 F-35 jets, a US DoD announcement said. This modification provides for the production and delivery of 106 F-35 aircraft for the U
The United States Department of Defense and Lockheed Martin have finalized an $11.5 billion contract for the production and delivery of 141 F-35 aircraft at the lowest per aircraft price in program history
Lockheed Martin has been awarded a $2.9 billion contract for three Next Generation Overhead Persistent Infrared Geosynchronous Earth Orbit Space Vehicles
Lockheed Wins US Navy's Super Hornet IR Search and Track System Contract
General Dynamics To Support Saudi's SLAM-ER Weapon System
Raytheon Wins $80M Lightweight Torpedo Contract for US, India, 4 Others
Raytheon to Replace Solid State Modules for US Navy's Missile Warning System,...
Israel to Modernise Ukrainian MiG-29 Jets for $440M
MiG-35 Shows Off New AESA Radar at MAKS 2019
Russian S-300s, S-400s Fail to Detect Israeli F-35s Flying Over Syria: Reports...
Russia Unveils its Biggest Ever Drone to Compete with US Global Hawk
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...