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Lockheed Gets $93.9 Million Electronic Components Project

July 25, 2016
Lockheed’s aeronautics business will use the parts to build and deliver lot 14 F-35 fighter jets for U.S. facilities.

Lockheed Martin has received a potential one-year, $93.9 million contract modification from the U.S. Navy to acquire electronic components for F-35 Lightning II aircraft.

Lockheed’s aeronautics business will use the parts to build and deliver lot 14 F-35 fighter jets for U.S. facilities, according to the Department of Defense (DoD). The components will also be used to support the production of lot 15 F-35s for overseas facilities as part of the foreign military sales program.

Lockheed will perform the work in Texas through June 2017, according to the DoD.

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