Lockheed and Pratt Secure $1 Billion Navy Contracts for F-35 Parts and Equipment
Lockheed Martin and Pratt & Whitney have been awarded over $1 billion in contracts by the U.S. Navy for the procurement of parts and equipment for the F-35 Joint Strike Fighter. Lockheed received a $347 million contract modification for helmet-mounted display systems, as well as another modification worth up to $607 million for long-lead time materials and components to build 173 F-35s for Foreign Military Sales customers. Pratt & Whitney received a contract modification valued at over $59 million for advanced long-lead time hardware for the F-35's F135 engines. The work will be carried out in various locations, including Fort Worth, Texas, and East Hartford, Connecticut.