Hello, Guest!
  • Monday, November 4, 2024

Lockheed Secures $348M Contract Funds for F-35 Special Tools, Test Equipment Production


Jeff Brody

Lockheed Martin (NYSE: LMT) has received a three-year, $348.2M U.S. Navy contract modification to fund the production of special tools and test equipment for lot 12 F-35 jets.

Naval Air Systems Command is obligating the full amount of the modification from Navy, Marine Corps, Air Force and non-Department of Defense partner and foreign military sales funds, DoD said Tuesday.

 The Pentagon expects work to be complete by August 2022.

Video of the Day

Related Articles

Boeing Receives $115M Navy Order for MQ-25A Stingray Initial Spares Contract Awards

Boeing Receives $115M Navy Order for MQ-25A Stingray Initial Spares

Boeing (NYSE: BA) has secured a potential three-year, $115.1 million order against a previously awarded basic ordering agreement to provide the U.S. Navy with initial spares and repair equipment for the service’s MQ-25A Stingray aerial refueling drone to help improve the unmanned aircraft system’s readiness and reliability. Work on the firm-fixed-price order will occur in

SAIC to Continue Navy Logistics IT Support Under $91M Task Order; Bob Genter Quoted Contract Awards

SAIC to Continue Navy Logistics IT Support Under $91M Task Order; Bob Genter Quoted

Science Applications International Corp. (NYSE: SAIC) has received a $91 million task order to update hardware and software for the U.S. Navy’s V-22 aircraft logistics information technology system. The task will cover research, development, test and evaluation support to the LOG-IT product line under Naval Air Systems Command, SAIC said Tuesday. SAIC noted the product

GALT Aerospace-SNC Team Named Sole Finalist in Marine Corps UAV Network Pod Development Competition News

GALT Aerospace-SNC Team Named Sole Finalist in Marine Corps UAV Network Pod Development Competition

Naval Air Systems Command has chosen a partnership between GALT Aerospace and Sierra Nevada Corp. to move into the second and third phases of an industry competition to build a network pod capable of supporting MQ-9 Reaper unmanned aerial vehicle operations by the U.S. Marine Corps. Under the SkyTower 2 Airborne Network Extension program, the