Sat, Dec 20, 2014 02:41
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Fort Worth’s Lockheed Wins $209.8 Million In Additional F-35 Funds

Texas Business reports:  A Fort Worth firm won a $209.8 million contract change for jet fighter support, according to the U.S. Department of Defense.

Lockheed Martin Corp., Lockheed Martin Aeronautics Co. of Fort Worth, Texas, received a not-to-exceed $209,800,000 modification to a previously awarded contract.

This modification provides for the manufacture and delivery of initial air vehicle spares in support of 32 F-35 Lightning II Program low rate initial production Lot V air vehicles. 

Work will be performed in Fort Worth, Texas (35 percent); El Segundo, Calif. (25 percent); Warton, United Kingdom (20 percent); Orlando, Fla. (10 percent); Nashua, N.H. (5 percent); and Baltimore, Md. (5 percent), and is expected to be completed in June 2015. 

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

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