Contract Award: Lockheed Martin Corp. Lockheed Martin Aeronautics Co. (Fort Worth, Texas) – $1,051,400,000

Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a not-to-exceed $1,051,400,000 fixed-price incentive (firm-target), undefinitized advanced acquisition contract. This contract procures long lead time materials, parts, components, and efforts necessary to maintain on-time production and delivery of 118 Lot 18 aircraft F-35 aircraft for the Air Force, Marine Corps, Navy, non-U.S Department of Defense (DOD) participants, and Foreign Military Sales (FMS) customers. Work will be performed in Fort Worth, Texas (57%); El Segundo, California (14%); Warton, United Kingdom (9%); Cameri, Italy (4%); Orlando, Florida (4%); Nashua, New Hampshire (3%); Baltimore, Maryland (3%); San Diego, California (2%); Nagoya, Japan (2%); and various locations outside the continental U.S. (2%), and is expected to be completed in January 2024. Fiscal 2023 aircraft procurement (Air Force) funds in the amount of $172,000,000; fiscal 2023 aircraft procurement (Navy) funds in the amount of $289,000,000; FMS customer funds in the amount of $427,200,000; and non-U.S. DOD funds in the amount of $163,200,000 will be obligated at the time of award, none of which will expire at the end of the current fiscal year. This contract was not competitively procured pursuant to 10 U.S. Code 2304(c)(1). The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity (N0001923C0003).