Sunday, November 8, 2020

Lockheed Martin receives $831 million F-35 contract modification

Pentagon’s No.1 weapons supplier Lockheed Martin Corp. has been awarded an $831 million U.S. Navy contract modification to exercise options for production and delivery of F-35 fighter aircraft.

The modification will cover the production and delivery of 15 lot 14 F-35A stealth multirole combat aircraft and associated red gear in support of the Government of Australia, according to a statement issued Tuesday by the U.S. Department of Defense.

Work is expected to be completed in March 2023.

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The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

Also added that Lockheed Martin Corp.,  is awarded a $327,9 acquisition contract to procure long lead material, parts and components in support of the Lot 15 production and delivery of 48 F-35A Lightning II aircraft for the Air Force.

The multi-role F-35, combining advanced stealth with fighter speed and agility, advanced mission systems, fully fused sensor information, network-enabled operations and cutting-edge sustainment, is capable to execute air-to-air combat, air-to-ground strikes, electronic attack, ISR missions with enhanced lethality and survivability in anti-access airspace environments.

The F-35A will provide Australia with a fifth-generation aircraft at the forefront of air combat technology, to provide a networked force-miltiplier effect in terms of situational awareness and combat effectiveness.

The Australian Government announced its selection of the conventional takeoff and landing (CTOL) F-35A Lightning II to replace its classic Hornet fighter fleet in 2009, building on a more than 50-year partnership between the RAAF and Lockheed Martin.

As a programme partner, Australian businesses have the opportunity to supply components for production and sustainment of the entire F-35 fleet, not just Australian aircraft. Every F-35 built will contain some Australian parts and components.

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