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Lockheed Awarded $2.3 Billion in Various F-35 Contracts at Year’s End

Vivienne Machi By
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Lockheed Awarded $2.3 Billion in Various F-35 Contracts at Year’s End
Two Israeli F-35 “Adirs” fly in formation and display the U.S. and Israeli flags after receiving fuel from a Tennessee Air National Guard KC-135, Dec, 6, 2016. The U.S. and Israel have a military relationship built on trust developed through decades of cooperation. (U.S. Air Force photo by 1st Lt. Erik D. Anthony)

The Pentagon awarded Lockheed Martin [LMT] five contracts worth a cumulative $2.3 billion at the end of 2019 for various work related to the F-35 Joint Strike Fighter program, to include logistics services for delivered aircraft, long-lead materiels and upgraded software capabilities. The contracts, awarded between Dec. 27-30, totaled $2.347 billion, per a Dec. 31 Defense Department contract round-up. Naval Air Systems Command (NAVAIR), which is the contracting activity for the F-35, provided $1.9 billion for recurring logistics services to…

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