Lockheed Martin Wins $41.3M Navy Deal to Aid F-35 Program

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Lockheed Martin Wins $41.3M Navy Deal to Aid F-35 Program
09 Jul 2019 Zacks Equity Research

"Lockheed Martin Corp. 's LMT Aeronautics business division recently secured a modification contract to design, procure and integrate flight test instrumentation and data processing solutions for F-35 Lightning II development test aircraft. Work related to the deal will be executed in Fort Worth, TX.

Details of the Deal
Valued at $41.3 million, the contract was awarded by the Naval Air Systems Command, Patuxent River, Maryland. The task will support the Tech Refresh-3 and the Follow-on Modernization Block 4 mission systems configuration.

The deal, with expected completion date of February 2021, will cater to the U.S. Air Force, Navy, Marine Corps and non-U.S. Department of Defense (DoD) partners...."

Source: https://www.nasdaq.com/article/lockheed ... -cm1173663