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Lockheed Martin awarded $879.1M Navy price order

Lockheed Martin (LMT) was awarded an $879.1M firm-fixed-price order against a previously issued basic ordering agreement. This order provides for the production and delivery of Lot 18-19 aircraft armament equipment which includes various missile launchers, bomb racks, gun systems, pylons, and adapters in support of ensuring the functionality and readiness of various armaments to support F-35 aircraft delivery schedules for the Air Force, Marine Corps, Navy, Foreign Military Sales customers, and non-U.S. Department of War participants. Work will be performed in Fort Worth, Texas, and is expected to be completed by February 2030. Naval Air Systems Command is the contracting activity.

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