Region to Get Some Work on the F-35 AircraftThursday, April 17, 2014
Lockheed Martin Corp.’s latest contract on the F-35 Lightning II aircraft will bring work to San Diego.
The $54 million deal, awarded April 16, covers Lot 7 of the fighter aircraft. Some 14 percent of the work will be performed in San Diego.
The deal runs through January and covers work described as “production non-recurring technical assistance.” It calls on Lockheed Martin (NYSE: LMT) to provide “manufacturing technology transfer and planning tasks required to ensure a manufacturing base with sufficient technical knowledge to support F-35 production requirements,” according to a Pentagon statement.
Work will support the U.S. Navy and U.S. Air Force aircraft — there are three models of the F-35 — as well as aircraft for foreign governments.
The bulk of the work will be done in the Los Angeles suburb of El Segundo and in Fort Worth, Texas.
The Naval Air Systems Command of Patuxent River, Md. awarded the deal.