Hello, Guest!
  • Thursday, November 14, 2024

Lockheed Gets $74M Contract Modification for Japan F-35A Production Materials


F-35The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $73.8 million contract modification to acquire long-lead parts and components needed to build F-35A fighter jets for Japan.

The Defense Department said Friday that Lockheed will use the materials to complete and deliver six F-35As under low-rate initial production Lot 12 to Japan through DoD’s foreign military sales program.

The Naval Air Systems Command has obligated the full amount of the modification at the time of award from the Navy’s FMS funds.

Lockheed’s aeronautics segment will perform work through December 2020 at various facilities in Texas, California, Florida, New Hampshire, Maryland, Japan and the U.K.

Video of the Day

Related Articles

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades Contract Awards

General Atomics Lands $174M Air Force Contract for MQ-9A UAV Capability Upgrades

The U.S. Air Force has awarded General Atomics’ aeronautical systems business a potential $173.5 million contract to perform capability upgrades to four MQ-9A Reaper unmanned aerial vehicles and two ground control stations. The sole-source contract involves foreign military sales to the Netherlands and includes the delivery of spares, support equipment and upgrade kits, the Department

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support Contract Awards

Kay and Associates Books $153M Contract Option for F/A-18 FMS Maintenance Support

Kay and Associates will provide maintenance, management and operation support services for Kuwait’s fleet of F/A-18 multirole fighter aircraft under a potential one-year, $153.4 million contract modification awarded by the U.S. Navy. The cost-plus-fixed-fee contract option includes support for missile maintenance and storage facilities in Kuwait, the Department of Defense said Tuesday. The vendor will

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request News-comment

State Department OKs Greece’s $8.6B F-35 CTOL Aircraft FMS Request

The State Department has approved a potential $8.6 billion foreign military sale of F-35 conventional takeoff and landing aircraft and related equipment to the government of Greece. Lockheed Martin's (NYSE: LMT) aeronautics business and RTX's (NYSE: RTX) Pratt & Whitney subsidiary will serve as principal contractors on the proposed deal that covers 40 F-35 CTOL units and 42 F135-PW-100 engines.