DoD Announces $4.1 Billion Lockheed F-35 Aircraft Buy

The Department of Defense has announced that Lockheed Martin Corp., Lockheed Martin Aeronautics Co., of Fort Worth, Texas, is being awarded a $4,123,746,486 modification to a previously awarded fixed-price-incentive firm-target contract for the production of 43 Low Rate Initial Production Lot VIII F-35 Lightning II aircraft.

This includes the manufacture and delivery of 29 F-35A aircraft for the U. S. Air Force (19), government of Italy (2), government of Norway (2), government of Japan (4), and government of Israel (2). The modification also provides for 10 F-35B aircraft for the U.S. Marine Corps (6) and government of the United Kingdom (4); and four F-35C aircraft for the U.S. Navy (3) and U.S. Marine Corps (1).

Finally, the modification provides for LRIP Lot VIII production requirements, including diminishing manufacturing sources redesign and management, ancillary mission equipment, including pilot flight equipment, and concurrency changes to LRIP Lot VIII aircraft.

The Naval Air Systems Command, Patuxent River, Maryland, is the contracting authority.

For more information, see the DoD release.

About William Van Huis

Bill Van Huis is a Senior Writer/Analyst for Wolters Kluwer Law & Business who tracks and analyzes new regulations impacting federal government contracting. He also follows court decisions involving bid protests and contract disputes. You can find his work in WK publications like Government Contract Reports and the FAR and DFARS Matrix Tools. Bill is a Certified Professional Contracts Manager, and he has a law degree from Southern Illinois University, where he graduated summa cum laude. Prior to joining WK, Bill worked both inside and outside state and local government in the areas of procurement and municipal finance. Bill also worked as a staff attorney for the Illinois Supreme Court.
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