Contract: Lockheed, $7.8B

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $7,842,191,056 fixed-price incentive (firm-target), firm-fixed-price, cost-plus-fixed-fee modification (P00019) to a previously awarded contract (N0001920C0009). This modification adds scope to procure 127 F-35 Lot 16 aircraft, to include 89 F-35A aircraft, 23 F-35B aircraft, and 15 F-35C, as well as definitizes a modification (P00016) in support of F-35 Lot 15 aircraft procurements and associated auxiliary equipment in support of the Joint Strike Fighter program for the Air Force, Navy, Marine Corps, non-U.S. Department of Defense (DOD) participants, and Foreign Military Sales (FMS) customers. Work will be performed Fort Worth (57%); El Segundo, Calif. (14%); Warton, United Kingdom (9%); Cameri, Italy (4%); Orlando, Fla. (4%); Nashua, N.H. (3%); Baltimore, Md. (3%); San Diego, Calif. (2%); Nagoya, Japan (2%); and various locations outside the continental U.S. (2%), and is expected to be completed in August 2026. Fiscal 2022 aircraft procurement (Air Force) funds in the amount of $2,407,157,591; fiscal 2022 aircraft procurement (Navy) in the amount of $2,225,999,290; FMS customer funds in the amount of $ 1,488,017,560; and non-DOD participant funds in the amount of $1,721,016,615 will be obligated at time of 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 activity. (Source: DoD, 12/30/22) Gulf Coast note: Eglin Air Force Base, Fla., is home of an F-35 training center and reprogramming labs.