Author: Christine Thropp|| Date Published: May 6, 2022
Lockheed Martin (NYSE: LMT) has secured a $372.5 million contract modification for the delivery of lots 15 and 16 of F-35 Lightning II aircraft‘s ancillary mission equipment requirements to the U.S. Air Force, Navy and Marine Corps.
The Navy award also provides for the fighter jet’s initial spares in support of military customers, non-Department of Defense participants and foreign allies, the DOD said Thursday.
The modification is for an order awarded against a previously announced basic ordering agreement. Work under it will run through December 2024.
Lockheed’s aeronautics business will perform contract modification activities at its Fort Worth, Texas, location.
The Navy will obligate $178 million from its aircraft procurement funds in fiscal 2020 to 2022 at the time of award. Air Force and FMS allocations will also be used for the contract modification.
Pradeep Paruchuri, senior director of solutions engineering at UiPath, said agentic artificial intelligence could help government agencies improve efficiency by…
Redhawk Federal Solutions has acquired Twenty8 Technology to expand its data interoperability and artificial intelligence and machine learning engineering capabilities.…
