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Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts

Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts. Source: Lumen Wilde, CC BY 2.0, via Wikimedia Commons

Lockheed Martin Corp. (NYSE: LMT) has secured four U.S. defense contracts worth approximately $153.5 million combined, covering engineering services, military training support, radar electronic countermeasures and F-35 aircraft modifications.

Lockheed Martin’s Fort Worth, Texas, operation received a $31.3 million indefinite-delivery/indefinite-quantity contract for contractor engineering and technical services. Work will take place at Hill Air Force Base and locations across Argentina, Bahrain, Chile, Egypt, Indonesia, Jordan, Morocco, Oman, Taiwan, Thailand and Turkey. The contract, which includes Foreign Military Sales to 10 countries, is expected to run through June 30, 2029. About $297,008 was obligated at the time of award.

Meanwhile, Lockheed Martin Rotary and Mission Systems in Orlando, Florida, secured a $24.2 million contract on Aug. 6, 2026, to provide Air Commando training support. The agreement covers continued sustainment and support for Air Force Special Operations Command fixed-wing and tilt-rotor training devices at 10 U.S. and overseas locations through Jan. 31, 2027. Approximately $12.2 million in fiscal 2025 and 2026 operations and maintenance funding was obligated at award.

Lockheed Martin’s Baltimore operation also received a $73.9 million contract modification on Aug. 12 for Indra Rigel Radar Electronic Countermeasures systems. The equipment will support Multi-Mission Surface Combatant ships operated by Saudi Arabia. Most of the work will be completed in Madrid, Spain, with the remainder in Moorestown, New Jersey. Completion is scheduled for February 2031.

Additionally, Lockheed Martin Aeronautics in Fort Worth was awarded a $24.1 million modification for F-35 Joint Strike Fighter retrofit and modification work. The program supports the U.S. Air Force, Marine Corps and Navy, along with Foreign Military Sales customers and other international F-35 participants.

The F-35 work will be performed in Fort Worth and is expected to conclude in October 2028, further expanding Lockheed Martin’s portfolio of U.S. and international defense programs.

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