Lockheed Martin Corp.’s LMT Aeronautics business division recently won a $4.71-billion modification contract to procure 78 F-35 combat jets and associated aircraft red gear. This deal will cater to the U.S. Air Force, Marine Corps and Navy.
Details of the Deal
The contract was awarded by the Naval Air Systems Command, Patuxent River, MD. The majority of the work related to the deal will be carried out in Fort Worth, TX.
The entire procurement is expected to be concluded by March 2023.
finance.yahoo.com
Details of the Deal
The contract was awarded by the Naval Air Systems Command, Patuxent River, MD. The majority of the work related to the deal will be carried out in Fort Worth, TX.
The entire procurement is expected to be concluded by March 2023.
Lockheed Martin Wins $4.8B Deal to Procure 78 F-35 Jets
Cost reductions initiatives for Lockheed's (LMT) F-35 jets along with continued demand growth for military jets have been boosting contract growth for this program
finance.yahoo.com