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MAKING NEWS

Bethesda-based Lockheed Martin Receives $4 Billion Navy Contract

According to a recent Defense Department announcement, Bethesda-based Lockheed Martin Corp is being awarded a $4 billion fixed-price U.S. Navy contract for 30 F-35 Joint Strike Fighter aircraft.

A Reuters online article stated, “The deal would provide 21 conventional models for the Air Force, six carrier variants for the Navy and three short-takeoff and vertical landing versions for the Marine Corps,” citing a notice in the Pentagon's daily contract digest.

The Reuters story also noted that Lockheed spokesperson Michael Rein said, “Details of the deal have not been worked out.” Rein referred to the government announcement as an "undefinitized contract action" that is still subject to further negotiation.

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CATEGORIES: Making News , Economy
POSTED AT: Friday, December 16, 2011 | 1:00:00 AM |
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Last edited: 11/8/2010