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Investing.com -- Lockheed Martin has been awarded three defense contracts totaling approximately $101.7 million for various military systems and support services.
The largest award is a $43.8 million cost-plus-fixed-fee contract for Integrated Battle Command System component integration services. This contract was awarded to Lockheed Martin’s Grand Prairie, Texas facility, with work locations and funding to be determined with each order. The estimated completion date is September 18, 2025.
In a separate award, Lockheed Martin Aeronautics in Fort Worth, Texas received a $34.3 million modification to an existing order for F-35 air vehicle initial spares. These parts will address immediate maintenance needs and ensure mission-capable aircraft for the Air Force, Marine Corps, and Navy. The work will be performed in Fort Worth and is expected to be completed by June 2030.
The funding for this F-35 spares contract comes from fiscal 2025 aircraft procurement funds, with $20.1 million from the Navy and $14.2 million from the Air Force.
Additionally, Lockheed Martin’s Grand Prairie facility secured a $23.6 million cost-plus-incentive-fee contract for engineering support related to the Patriot Advanced Capability-3 (PAC-3) and Integrated Air and Missile Defense Battle Command System ground systems. This work includes maintenance and optimization services, with completion expected by September 18, 2026.
The Army Contracting Command at Redstone Arsenal, Alabama, is the contracting activity for two of the awards, while Naval Air Systems Command in Patuxent River, Maryland, is handling the F-35 spares contract.
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