Lockheed Martin awarded $373.41M Navy contract modification

Lockheed Martin (LMT) was awarded a $373.41M modification to a cost-plus-fixed-fee, firm-fixed-price order against a previously issued basic ordering agreement. This modification adds scope to procure material, special tooling and test equipment necessary to build, deliver, and install the required modification kits to enable retrofitting aircraft, as well as provides program management, non-recurring engineering, aircraft induction, contractor field modification installations, depot site support, F-35B/F-35C laser shock peening site support, and regional depot modification installations in support of modification and retrofit activities for the F-35 Joint Strike Fighter program for the Air Force, Marine Corps, Navy, Foreign Military Sales and non-U.S. Department of Defense participants. Work will be performed in Fort Worth, Texas and is expected to be completed in December 2026. This contract action was not competed. Naval Air Systems Command is the contracting activity.