Lockheed Martin awarded $194.3M U.S. Navy contract modification

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a $194,261,630 modification to a previously awarded fixed-price incentive (firm-target), cost-plus-fixed-fee, cost-plus-incentive-fee contract. This modification increases the contract ceiling to procure supplies in support of the initial depot capability of site activation and material for repairs capabilities at military service depot locations across the U.S. in support of the F-35 Lightning II aircraft for the Air Force, Marine Corps, Navy, and non-U.S. Department of Defense (DOD) participants. Work will be performed in Fort Worth, Texas (32%); Nashua, New Hampshire (18%); Warner Robbins, Georgia (18%); Oklahoma City, Oklahoma (10%); Orlando, Florida (9%); Baltimore, Maryland (3%); Jacksonville, Florida (3%); Cedar Rapids, Iowa (1%); Cherry Point, North Carolina (1%); Linthicum Heights, Maryland (1%); New Bern, North Carolina (1%); Ogden, Utah (1%); San Diego, California (1%); and Tuscan, Arizona (1%), and is expected to be completed in December 2029.