Lockheed Martin receives contract for third lot F-35 LRIP
The Pentagon has awarded Lockheed Martin a $2.1 billion contract modification to produce 17 F-35s in the third lot of low-rate initial production (LRIP). The buy also includes the first international orders – two F-35 operational test aircraft for the United Kingdom and one for the Netherlands.
The contract adds to a May 2008 award of $197 million to fund LRIP 3 long-lead materials, and to a March 2009 contract modification award of $320 million for tooling and test equipment, also beginning in LRIP 3.
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