Friday, January 21, 2022
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Lockheed receives $22.7B contract for F-35s with most of work in Fort Worth

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Lockheed Martin Aeronautics Co. has receive a $22.7 billion contract modification that provides for the production and delivery of 106 F-35 aircraft for the U.S. services (64 F-35As Air Force; 26 F-35Bs Marine Corps; 16 F-35Cs Navy); 89 F-35s for non-Department of Defense (DoD) participants (71 F-35As, 18 F-35 Bs); and 60 F-35s for Foreign Military Sales customers (60 F-35As).

According to the Defense Department, 57 percent of the work will be performed in Fort Worth with the rest in the following Lockheed locations: El Segundo, California (14 percent); Warton, United Kingdom (9 percent); Cameri, Italy (4 percent); Orlando (4 percent); Nashua, New Hampshire (3 percent); Baltimore (3 percent); San Diego(2 percent); Nagoya, Japan (2 percent); and various locations outside the continental U.S. (2 percent). The work is expected to be completed in March 2023.

This award directs the continuation of production activity for all aircraft in the F-35 program’s LRIP 12 contract, as well as aircraft for several international customers in LRIPs 12, 13 and 14 (fiscal years 2018, 2019, 2020), according to Lockheed. This contracting funding strategy provides stability and a steady production rate over a defined period of time, which enables industry to plan and make investments that reduce overall cost and achieve greater manufacturing efficiencies. the company said. .

The contract action obligates $6 billion in funding from the U.S. Services, International Partners and foreign military sales customers for 255 F-35 aircraft. F-35 aircraft allocation includes; 106 F-35s for the U.S. Services, 89 F-35s for International Partners, 60 F-35s for our foreign military sales customers. LRIP 12, 13 and 14 aircraft deliveries will begin in 2020, 2021 and 2022, respectively.

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