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Lockheed Martin Nabs $762 Million Mod For Redirected Turkish And Air Force F-35s

Rich Abott By
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Lockheed Martin Nabs $762 Million Mod For Redirected Turkish And Air Force F-35s

The Navy on Monday awarded Lockheed Martin [LMT] an $862 million contract modification exercising options to procure 14 Lot 14 F-35A Joint Strike Fighters, including redirected aircraft originally planned for Turkey. The award is divided into eight Lot 14 F-35As as “repositioned aircraft as a result of the Republic of Turkey’s removal from the F-35 program” and six Lot 14 F-35As for the U.S. Air Force. The announcement noted the award also established undefinitized line items that provide recurring engineering…

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