Wednesday, December 8, 2010

Contract: Lockheed Martin, $76M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $76,041,000 fixed-price-incentive-firm modification to a previously awarded advance acquisition contract activity. This modification provides additional funding for long lead efforts and materials associated with the production and delivery of 42 low rate initial production Lot V F-35 Joint Strike Fighter aircraft for the Air Force (22 Conventional Take Off and Landing aircraft); Marine Corps (13 Short Take Off and Vertical Landing aircraft); and the Navy (7 Carrier Variant aircraft). Work will be performed in Fort Worth, Texas; El Segundo, Calif.; Warton, United Kingdom; Orlando, Fla.; Nashua, N.H.; and Baltimore, Md., and is expected to be completed in May 2011. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 12/08/10) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 training center.