Hello, Guest!
  • Tuesday, December 24, 2024

Lockheed Martin Lands $769M F-35 Logistics Sustainment Contract Modification


F-35Lockheed Martin (NYSE: LMT) has received a $769.5 million contract modification to conduct logistics maintenance for F-35 Lightning II aircraft delivered to the U.S. military, non-Defense Department participants and foreign military sales customers.

The company will perform ground maintenance, depot activation, action request resolution, automatic logistics information system operations, health management implementation, supply chain management and pilot training, DoD said Monday.

Lockheed Martin will carry out the work under this contract in the U.K. and in Texas, California, Florida and South Carolina through December 2016.

DoD broke down the contract as 48 percent for the U.S. Air Force, 24 percent for the Marine Corps, 15 percent for the Navy, 12 percent for international partners and 1 percent for FMS customers.

Video of the Day

Related Articles

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ Contract Awards

Navy Awards 8 Companies Spots on $701M Ship Maintenance IDIQ

Eight companies have won spots on a five-year, $701 million indefinite-delivery/indefinite-quantity contract from the U.S. Navy to repair, maintain and modernize non-nuclear surface ships homeported in Mayport, Florida. The contractors will conduct continuous maintenance emergent maintenance of the ship and provide short-term support to the Chief of Naval Operations, the Department of Defense said Wednesday.

Air Force Posts Solicitation for Potential $5.7B Combat Air Force Support Follow-On Contract News

Air Force Posts Solicitation for Potential $5.7B Combat Air Force Support Follow-On Contract

The U.S. Air Force has begun seeking proposals for a potential $5.7 billion follow-on multiple-award contract to provide combat air forces contracted air support services to help protect U.S. assets against advanced airborne threats. CAF CAS II seeks to procure non-personal services for realistic advanced adversary air threats and close air support threats to support

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,