Thursday, May 2, 2013

Contract: Lockheed, $20.1M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $20,100,000 fixed-price-incentive, firm-target, advance acquisition contract to provide long lead parts, materials and components required for the delivery for two low rate initial production Lot II F-35 conventional takeoff and landing aircraft for the government of Israel. Work will be performed in Fort Worth, Texas, and is expected to be completed in May 2014. Foreign Military Sales funding in the amount of $20,100,000 are being obligated on this award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting authority. (Source: DoD, 05/02/13) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 training center.