Lockheed Martin awarded $3.63B Navy contract modification

Lockheed Martin (LMT) was awarded a $3.63B modification to a previously awarded cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee, and firm-fixed-price contract. This modification exercises an option to provide continued logistics support to include ground maintenance activities, action request solution, depot activities, automatic logistics information system operations and maintenance, reliability and maintainability, supply chain management, pilot training, maintainer training, and training system sustainment in support of delivered F-35 Lightning II Joint Strike Fighter Air Systems for the Air Force, Marine Corps, Navy, Foreign Military Sales customers, and non-Department of Defense program partners. Work is expected to be completed in December 2026. The contract being modified was not competed. Naval Air Systems Command is the contracting activity.