Thursday, March 26, 2009

Lockheed Gets $320 Million US F-35 Aircraft Deal

Lockheed Gets $320 Million US F-35 Aircraft Deal
(NSI News Source Info) WASHINGTON - March 26, 2009: Lockheed Martin Corp is being awarded a U.S. Navy contract add-on worth up to $320 million for "long lead" items used in the F-35 Joint Strike Fighter, the Defense Department said Wednesday. Work on the contract is expected to be completed in November 2011. The F-35 is being developed by Lockheed Martin for the U.S. Air Force, Navy and Marine Corps as well as for eight international partners -- Britain, Italy, the Netherlands, Turkey, Canada, Australia, Denmark and Norway.

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