Friday, December 9, 2011

Contract: Lockheed Martin, $4B

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded a $4,011,919,310 fixed-price-incentive (firm target) (FPIF) modification to a previously awarded advance acquisition contract. This modification provides for the manufacture and delivery of 30 Low Rate Initial Production Lot V F-35 Joint Strike Fighters for the Air Force (21 Conventional Take Off and Landing (CTOL) aircraft); the Navy (6 Carrier Variant (CV) aircraft) and Marine Corps (3 Short Take Off and Vertical Landing (STOVL) aircraft). In addition, this modification provides for associated ancillary mission equipment and flight test instrumentation for those aircraft, and flight test instrumentation for the United Kingdom. Work is expected to be completed in January 2014. This contract combines purchases for the Air Force ($2,644,270,340; 65.9 percent); Navy ($937,374,286; 23.34 percent); Marine Corps ($426,190,013; 10.6 percent); and the United Kingdom ($4,084,671; 0.1 percent). The Naval Air Systems Command, Patuxent River, Md., is the contracting activity. (Source: DoD, 12/09/11) Gulf Coast note: Eglin Air Force Base, Fla., is the F-35 training center.