Search

F-35 Program and Lockheed Martin Reach ‘Handshake Agreement’ on Lot 15-17 Buy

F-35 Program and Lockheed Martin Reach ‘Handshake Agreement’ on Lot 15-17 Buy
U.S. Air Force Gen. Kenneth Wilsbach, U.S. Pacific Air Forces commander, speaks at the 354th Fighter Wing’s last jet arrival party on May 13 at Eielson AFB, Alaska. The arrival of the wing’s final jet April 15 marked the end of a two-year beddown process that yielded two operational fighter squadrons comprised of 54 permanently-assigned, combat-coded F-35A aircraft. (U.S. Air Force Photo)

The F-35 Joint Program Office (JPO) and Lockheed Martin [LMT] entered into a "handshake agreement " on July 18 for up to 375 F-35s in Lots 15 to 17, DoD said on July 19. Pentagon acquisition chief William LaPlante said that DoD would provide further details of the contract upon award. "Over the past three months, the F-35 Joint Strike Fighter Joint Program Office and Lockheed Martin made significant progress in negotiations," DoD said in a statement. "The team deliberately…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…


M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…


Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…


Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…