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Lockheed Martin awarded $265.96M Air Force contract action

Lockheed Martin (LMT) was awarded a ceiling $265.96M undefinitized contract action for F-16 System Program Office Foreign Military Sales support. This contract provides for an operational flight program update and transfer of F-16 aircraft from Denmark to Argentina. Work is expected to be completed by March 31, 2032. This contract involves FMS to Argentina. This contract was a source directed acquisition. FMS funds in the amount of $53.19M are being obligated at the time of award. The Air Force Lifecycle Management Center is the contracting activity.

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