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Lockheed Secures Navy Contract Option for F-35 Electronic Components Procurement

Lockheed Secures Navy Contract Option for F-35 Electronic Components Procurement - top government contractors - best government contracting event

F-35 Lightning IILockheed Martin has received a $10.02 million contract modification from the U.S. Navy to purchase additional diminishing manufacturing sources electronic components for the F-35 fighter aircraft.

The award exercises an option to previously awarded firm-fixed-price contract and Lockheed will perform work in Fort Worth, Texas, through December 2018, the Defense Department said Thursday.

The Navy obligated the full amount of the modification from fiscal years 2014 and 2016 Air Force, Navy and Marine Corps aircraft procurement funds at the time of award.

Lockheed will provide the electronic components to the Air Force, Navy and Marine through the combined purchases of the military services.

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Written by Jay Clemens

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