Friday, July 7, 2017

Contract: Lockheed, $5.5B

Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $5,577,714,486 modification to a previously awarded F-35 Lightning II low-rate initial production (LRIP) Lot 11 advance acquisition contract (N00019-16-C-0033). The LRIP 11 contract contains requirements for the Air Force, Marine Corps, Navy, international partner nations, and foreign military sales (FMS) customers. This modification provides for the procurement of 74 fiscal 2017 aircraft, comprised of 48 F-35A aircraft for the Air Force, 18 F-35B aircraft for the Marine Corps, and eight F-35C aircraft for the Navy and Marine Corps. In addition, this modification adds funding to previously awarded fiscal 2015 and 2016 aircraft contract line item numbers for the U.S. Services. Work will be performed in Fort Worth, Texas (55 percent); El Segundo, Calif. (15 percent); Warton, United Kingdom (10 percent); Orlando, Fla. (5 percent); Nashua, N.H. (5 percent); Baltimore, Md. (5 percent); and Cameri, Italy (5 percent), and is expected to be completed in December 2020. This modification combines purchases for the Air Force (61 percent); Navy (26 percent); and the Marine Corps (13 percent). An undefinitized not-to-exceed contract modification to fund procurement of 50 F-35 Partner and FMS aircraft for $2.2 billion is anticipated within the month of July 2017. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 07/07/17) Gulf Coast note: Eglin Air Force Base, Fla., is home of the F-35 integrated training center.