Lockheed (LMT) Wins $324M Deal to Support F-35 Aircraft

Lockheed (LMT) Wins 4M Deal to Support F-35 Aircraft

Lockheed Martin Corp.’s LMT business segment, Aeronautics, recently secured a modification contract involving the F-35 Joint Strike Fighter program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.

Lockheed (LMT) Wins 4M Deal to Support F-35 Aircraft – Zacks

Details of the Deal

Valued at $324.1 million, the contract is projected to get completed by January 2027. Per the terms, Lockheed will procure material modification kits for F-35 jets along with offering program management, non-recurring engineering, aircraft induction, contractor field, depot site and laser shock peening site support.

The contract will serve the U.S. Air Force, Navy, Marine Corps, non-U.S. Department of Defense (DOD) participants as well as Foreign Military Sales (FMS) customers from the governments of Israel, Japan and the Republic of Korea.

The majority of the work related to this deal will be executed in Fort Worth, TX.

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