Friday, August 27, 2010

DTN News: Lockheed Martin Receives $111.4 Million Contract Modification For F-22 Raptor Sustainment....NSI News Source Info # 1029

(NSI News Source Info) MARIETTA, Georgia,- August 25, 2010: Lockheed Martin Corp. [NYSE: LMT] has received a $111.4 million contract modification from the U.S. Air Force for sustainment of the F-22 Raptor fleet, resulting in a contract value of $709 million. This modification is for the 2010 Follow-On Agile Sustainment for the Raptor (FASTeR) sustainment contract, which was issued initially in 2008 and extended in 2009.
FASTeR is a Performance-Based Logistics contract providing weapon systems sustainment of the F-22 fleet at all operational bases for the 2010 calendar year, including training systems, customer support, integrated support planning, supply chain management, aircraft modifications and heavy maintenance, sustained engineering, support products and systems engineering.
http://defense-technologynews.blogspot.com/2010/08/dtn-news-lockheed-martin-receives-1114.html

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