Hello, Guest!
  • Friday, November 22, 2024

Lockheed Lands $558M Navy Contract for Lot 11 F-35 Sustainment Support


Lockheed Martin (NYSE: LMT) has received a potential $558.3 million contract from the U.S. Navy to provide sustainment services to support the low-rate initial production of lot 11 F-35 Lightning II fighter jets.

The Defense Department said Thursday the sustainment support contract includes training facilities and devices, Autonomic Logistics Information System software and hardware and non-aircraft spares for F-35s.

The firm-fixed-price contract covers purchases from the Navy, U.S. Air Force, U.S. Marine Corps, non-DoD participants and foreign military sales clients.

Work will occur in California, New York, Florida, Texas and the U.K. through February 2023.

The Naval Air Systems Command will obligate the contract™s full amount from the services™ aircraft procurement funds for fiscal years 2016 through 2018 as well as from non-DoD and FMS funds.

 

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.

Navy Posts Solicitation for Potential $200M Construction, Repair Services Contract News

Navy Posts Solicitation for Potential $200M Construction, Repair Services Contract

The U.S. Navy has begun seeking proposals for a potential $200 million small business set-aside contract to build, repair and renovate government installations at the Naval Facilities Engineering Systems Command Southwest area of responsibility. The multiple-award construction contract has a two-year base period with three option years and covers new construction, renovation and repair of

HII to Create Quality-of-Service Incentive Program for USS Enterprise Builders Contract Awards

HII to Create Quality-of-Service Incentive Program for USS Enterprise Builders

HII (NYSE: HII) has received a $120.3 million contract modification from the U.S. Navy to create a special incentive program to improve the quality of life for sailors stationed at the company’s facility in Newport News, Virginia. The modification was made under a previously awarded contract for the design and construction of the future USS