(02-13-2022, 12:41 AM)crimsonghost747 Wrote: This deal was actually announced a couple of months ago, now they just apparently signed the paperwork to make it official.
More and more countries piling up on the F-35 project. First Switzerland, now Finland, and I believe Canada is the next western country that will choose the F-35.
This program will be one of the driving forces of LMT for the next several decades. A very happy shareholder here.
Hence the wording "has sealed a deal" - All regulatory hurdles cleared / all US contract requirements completed.. Ink has now dried.
LMT contract updates for Feb thus far -
Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $16,099,270 cost-plus-incentive-fee contract for Patriot Advanced Capability-3 flight test support
Lockheed Martin Rotary and Mission Systems, Owego, New York, is awarded a $28,579,847 firm-fixed-price modification. This modification exercises an option to procure MH-60R/S aircraft mission computer and flight management computer FMC retrofit kits, wiring kits, and Lynx licenses.
Lockheed Martin Corp., Orlando, Florida, was awarded a $138,916,495 cost-plus-fixed-fee other transaction agreement for federation, testing and user operational assessments of the Spike non-line-of-sight missile system
Lockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is awarded a not-to-exceed $315,806,063 fixed-price incentive (firm target), cost-plus-incentive-fee, and cost-plus-fixed-fee modification for the procurement, delivery, installation, and configuration of F-35 Joint Strike Fighter support equipment and non-aircraft spares.
Lockheed Martin Corp., Rotary and Mission Systems, Syracuse, New York, is awarded a $7,996,684 fixed-price incentive fee contract modification to previously awarded contract for Navy systems and associated equipment.
Lockheed Martin Space, Littleton, Colorado, is awarded $18,700,000 cost-plus-incentive-fee and cost-plus-fixed-fee for engineering development, systems integration, and long lead material procurement in support of missile production.
Lockheed Martin Corp., Syracuse, New York, is awarded a $9,050,510 cost-plus-incentive-fee modification for design, prototyping, and qualification testing of submarine electronic warfare equipment.
Lonnnggg LMT for decades.