DTN News - Defense News: $3.5 Billion Full-Funding Contract Awarded For Fourth Lot Of Lockheed Martin F-35s....NSI News Source Info # 1243

(NSI News Source Info) FORT WORTH, Texas, - November 21, 2010: Lockheed Martin [NYSE: LMT] has received a $3.5 billion contract modification from the U.S. Department of Defense to manufacture 31 F-35 Lightning II stealth fighters in the fourth lot of low-rate initial production (LRIP). The contract also funds manufacturing-support equipment, flight test instrumentation and ancillary mission equipment. Including the long-lead funding previously received, the total contract value for LRIP 4 is $3.9 billion.
Under the contract, Lockheed Martin will produce 10 F-35A conventional takeoff and landing (CTOL) variants for the U.S. Air Force, 16 F-35B short takeoff/vertical landing variants for the U.S. Marine Corps, four F-35C carrier variants for the U.S. Navy and one F-35B for the United Kingdom. Additionally, the Netherlands has the option to procure one F-35A.
http://defense-technologynews.blogspot.com/2010/11/dtn-news-defense-news-35-billion-full.html