Monday, October 17, 2016

Contract: Lockheed, $743.2M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $743,169,377 fixed-price-incentive, firm target and cost-plus-fixed-fee modification to the previously awarded low-rate initial production Lot 9 F-35 Joint Strike Fighter advance acquisition contract (N00019-14-C-0002). This modification provides additional funding and will establish not-to-exceed (NTE) prices for diminishing manufacturing and material shortages redesign and development, estimated post production concurrency changes and country unique requirements. In addition, this modification will establish NTE prices for one F-35A aircraft and one F-35B aircraft for a non-U.S. Department of Defense (DoD) participant in the F-35 program. Work will be performed in Fort Worth (30 percent); El Segundo, Calif. (25 percent); Warton, United Kingdom (20 percent); Orlando, Fla. (10 percent); Nashua, N.H. (5 percent); Nagoya, Japan (5 percent); and Baltimore, Md. (5 percent), and is expected to be completed in December 2019. This modification combines purchases for the Air Force $207,389,821 (27.9 percent), Navy $85,533,666 (11.5 percent), and Marine Corps $91,923,008 (12.4 percent), non-U.S. DoD participants $332,940,791 (44.8 percent); and Foreign Military Sales $25,382,091 (3.4 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 10/17/16) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 integrated training center.