F-35 LIGHTNING II JOINT STRIKE FIGHTER (JSF) LOW RATE INITIAL PRODUCTION (LRIP) LOT 6 ADVANCE ACQUISITION CONTRACT
$7,185,242,552
AI Summary
This $7.2 billion contract with Lockheed Martin funded the Low Rate Initial Production (LRIP) Lot 6 of F-35 Lightning II Joint Strike Fighter aircraft. LRIP allows the military to begin producing aircraft in limited quantities while testing and refining the design before full-scale production.
Key Points
- 01Funded F-35 Lightning II LRIP Lot 6 production
- 02Awarded to Lockheed Martin Corporation in Texas
- 03LRIP is a controlled production phase before full rate manufacturing
- 04F-35 is the largest defense acquisition program in history
- 05Contract ran from 2011 through 2023
Award Details
Official Source
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Quick Summary
- Amount
- $7.2B
- Agency
- Department of Defense
- Recipient
- LOCKHEED MARTIN CORPORATION
- Type
- Other
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