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Lockheed Martin to receive $22,7 billion for production 255 F-35 aircraft

Lockheed Martin will receive $22,7 billion for the production and delivery of 255 F-35 Lightning II aircraft, according to a statement of the U.S. Department of Defense.

According to U.S. Department of Defense, Lockheed Martin is being awarded a $22,7 billion contract modification to a previously awarded fixed-price-incentive-firm-target, firm-fixed-price advanced acquisition contract (N00019-17-C-0001) for 255 aircraft.

This modification 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).

The U.S. aircraft quantities are for the Lot 12 program of record plus fiscal 2018/fiscal 2019 aircraft quantity congressional adds.

All aircraft must be delivered by March 2023.

According to Lockheed Martin, the F-35 is the most lethal, survivable and connected fighter aircraft ever built. More than a fighter jet, the F-35’s ability to collect, analyze and share data is a powerful force multiplier enhancing all airborne, surface and ground-based assets in the battlespace and enabling men and women in uniform to execute their mission and come home safe.

To date, Lockheed Martin has delivered more than 280 F-35s, trained more than 580 pilots and 5,600 maintainers, and the F-35 fleet has surpassed more than 130,000 cumulative flight hours.

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Read more here:: Defence Blog (Air)

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