Mon, Jul 28, 2014 01:14
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Fort Worth’s Lockheed wins $206 Million Contract Change On Israel Jet Fighters

Texas Business reports:  A Fort Worth firm won a $206.8 million contract change on jet fighters destined for Israel, the U.S. Department of Defense announced.

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Ft. Worth, received a $206,821,828 modification to a previously awarded cost-reimbursement contract.

This modification provides for the System Development and Demonstration Phase I Increment 1, in support of F-35A Conventional Take Off and Landing (CTOL) Air System for the Government of Israel under the Foreign Military Sales Program. 

This modification includes the development of the hardware and software for the Israel F-35A CTOL Air System from the initial requirements development to the Preliminary Design Review (PDR).

In addition, the post PDR of hardware only, will continue through finalized requirements, layouts, and build to prints, including production planning data. 

Work will be performed at Fort Worth, Texas (60 percent); Los Angeles, Calif. (20 percent); Nashua, N.H. (15 percent); and San Diego, Calif. (5 percent), and is expected to be completed in May 2016. 

Contract funds will not expire at the end of the current fiscal year. 

The Naval Air Systems Command, Patuxent River, Md, handled the contract.