Lockheed Martin, the world’s biggest defense contractor, was awarded a $2.2 billion contract on June 12 by the Maryland-based Naval Air Systems Command. The contract provides upkeep and maintenance for the F-35 Lightning II Joint Strike Fighter Air Systems for the U.S. Air Force, U.S. Navy, and U.S. Marine Corps, as well as F-35 Cooperative Program partners and other foreign military customers.
Local Impact
About 85% of the work will be done in Fort Worth, with the remainder occurring in Orlando, Florida. The contract will be completed by December 2028. Money for the work will be earmarked on individual orders when those are issued.
The F-35 program supports more than 254,000 jobs through 1,800 suppliers across 48 states and Puerto Rico. Lockheed Martin’s F-35 fighter fleet is expected to cost $1.7 trillion, according to a report by Public Citizen, a nonprofit watchdog group.
Other Contracts
Lockheed Martin also received other significant military contracts in June, including a $154 million contract modification on a previously awarded F-35 contract to produce aircraft for foreign military customers. Most of the work – 59% – will be performed in Fort Worth, with additional work to be completed in other locations.
In Grand Prairie, Lockheed Martin workers are increasing production capacity of Precision Strike Missiles. The facility was awarded an $8.4 million contract modification on June 23 for missile production, development, and management through fiscal year 2032.
Original reporting: Fort Worth Report — read the source article.
