Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $1,006,436,959 modification (P00036) to a previously awarded cost-plus-incentive-fee contract. This modification extends services to provide continued engineering, maintenance, logistics, manpower, and material support for F-35 Joint Strike Fighter laboratory facilities and F-35 developmental flight test activities. Additionally, this modification adds scope for Foreign Military Sales test requirements, parts support for supplemental fleet aircraft, electromagnetic environment evaluation testing, ground support equipment recapitalization, ground support for additional aircraft, shared simulation services, increased pacing of resolving software product anomaly reports, cyber infrastructure engineering, and an increased number of pilot maintenance training lab devices in support of the F-35 JSF program for the Air Force, Navy, FMS, and the F-35 cooperative program partners.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMT:
- Lockheed Martin Extends Credit Terms, Advances F-35 Capabilities
- Rocket Lab names former Lockheed CFO Possenriede to board
- Lockheed Martin awarded $113.64M Navy contract modification
- Up 25% YTD, Can Lockheed Martin Stock (NYSE:LMT) Continue Soaring?
- New CEO May Need a Decade to Turn Boeing (NYSE:BA) Around
