Lockheed Martin awarded $153.39M Navy contract modification
Lockheed Martin was awarded a $153.39M cost-plus-fixed-fee modification to a previously-awarded contract. This modification procures special tooling and special test equipment required to meet current and future F-35 Lightning II low-rate initial production as well as full-rate production rates. Work is expected to be completed in December 2023. FY18, FY19 and FY20 aircraft procurement funds in the amount of $153.39M will be obligated at time of award, $39.89M of which will expire at the end of the current fiscal year. This modification combines purchases for the Air Force; Navy; Marine Corps; non-U.S DoD international partners and FMS customers. The Naval Air Systems Command is the contracting activity.