Wednesday, May 19, 2010

Contract: Lockheed, $85.5M; $58M

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded two contracts related to the F-35 Joint Strike Fighter. One is an $85,499,548 modification to a previously awarded cost-plus-incentive/award-fee contract in support of the JSF low-rate initial production Lot II. This provides for the procurement of the additional special tooling and special test equipment required under LRIP II to meet anticipated production ramp. Work is expected to be completed in April 2012. The second contract is a $58,000,000 modification to the previously awarded cost-plus-incentive-fee contract for technical services required to meet production ramp rates in support of the JSF low-rate initial production Lot III aircraft. This work is expected to be completed in January 2011. Work on both contracts will be done in Texas, California, the United Kingdom, Italy and other locations inside and outside the U.S. The Naval Air Systems command, Patuxent River, Md., is the contracting activity for both contracts. (Source: DoD, 05/19/10) Eglin Air Force Base, Fla., will be home to the JSF training center.