The US Navy has awarded Lockheed Martin a $1.38bn contract to fund the procurement of long lead parts and components for the 12th batch of F-35 aircraft. The materials are needed for the manufacture of 130 lot 12 F-35s in support of US Air Force, Marine Corps, Navy, non-DoD participants and Foreign Military Sales customers. Lockheed will also use the funds to obtain parts necessary for the production of 110 lots 13 and 14 fighter jets for non-DoD participants and FMS clients.
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