Lockheed Martin Aeronautics landed a potential $238 million contract modification from the U.S. Navy for the purchase of long lead materials, parts, components and related support services for F-35 aircraft production.
Contract Scope
The Department of Defense said Monday the new deal is an undefinitized modification to a fixed-price incentive contract for the F-35 Lot 20 production aircraft. The contract is meant to support the production of the said fighter jet for non-DOD partners and foreign military sales customers.
Lockheed will do nearly 60 percent of the work at its aeronautics division facility in Fort Worth, Texas. The rest of the work will occur in and outside the country, particularly in El Segundo and San Diego in California; Orlando, Florida; Nashua, New Hampshire and Baltimore, Maryland along with Warton, United Kingdom and Cameri, Italy and other sites outside continental U.S. The project is set to be completed by May 2031.
The Naval Air Systems Command in Patuxent River, Maryland, will allocate $186.8 million from foreign military sale customer funds and $51.2 million from non-DOD partner funds at the time of the award. These funds will not expire at the conclusion of the current fiscal year.
The $870 million contract, originally awarded to Lockheed in November 2024, also covered the procurement of long lead materials, parts, components and support services for the F-35 Lot 20 production aircraft.
