Monday, May 7, 2012
Contract: Lockheed Martin, $237.7M
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $237,740,000 modification to the previously awarded fixed-price-incentive-fee F-35 Low Rate Initial Production IV contract for changes to the configuration baseline hardware or software resulting from the JSF development effort. This modification increases the concurrency cap for the U.S. Marine Corps and United Kingdom short take-off vertical landing aircraft; Air Force and Netherlands conventional take-off and landing aircraft; and Navy carrier variant aircraft. The concurrency cap establishes the threshold at or under which the contractor is obligated to incorporate government-authorized changes. Work will be performed in Fort Worth, Texas, and is expected to span multiple years. This contract modification combines purchases for the Navy (64.5 percent); Air Force (29 percent); the United Kingdom (3.5 percent); and the Netherlands (3 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 05/07/12) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 training center.