Friday, April 13, 2012

Contract: Lockheed Martin, $258.8M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $258,800,000 not-to-exceed undefinitized modification to the previously awarded F-35 low rate initial production Lot 5 contract, including one additional conventional take-off and landing aircraft for the Air Force and one additional carrier variant aircraft for the Navy. Work will be performed in Fort Worth, Texas; El Segundo, Calif.; Warton, United Kingdom; Orlando, Fla.; Nashua, N.H.; and Baltimore, Md. Work is expected to be completed in February 2014. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 04/13/12) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 training center.