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Investing.com -- Lockheed Martin Corp (NYSE:LMT). has been awarded a $250 million contract modification from the U.S. Department of Defense to support the F-35 Joint Strike Fighter program.
The modification increases the ceiling on a previously awarded fixed-price incentive, cost-plus-fixed-fee indefinite-delivery/indefinite-quantity contract. The funds will support ongoing production of the F-35 logistics information system, which includes both the Autonomic Logistics Information System and Operational Data Integrated Network (ODIN).
The contract also covers Mission Planning Environment (MPE) hardware and associated support needed to field these systems for F-35A, F-35B, and F-35C aircraft. The work will benefit the Air Force, Marine Corps, Navy, Foreign Military Sales customers, and F-35 Cooperative Program Partners.
Work will be performed primarily in Orlando, Florida (95%) with the remainder in Fort Worth, Texas (5%), and is expected to be completed in August 2027. The Naval Air Systems Command in Patuxent River, Maryland, is managing the contract.
In a separate award, Lockheed Martin Aeronautics Co. in Marietta, Georgia, received a $48.8 million contract for replacement multi-functional control displays for the C-5M Super Galaxy fleet. This contract covers development, integration, testing, and prototype installation of an integrated design for the latest C-5 configuration.
The C-5 project will be carried out in Marietta, Georgia, and Greenville, South Carolina, with completion expected by May 31, 2028. The Department of Defense has obligated $8.5 million in fiscal 2025 research, development, test and evaluation funds for this project.
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