LONG LEAD-TIME ITEMS
$5,597,451,611
AI Summary
This $5.6 billion contract with Lockheed Martin funds long lead time items for military aircraft production. Long lead procurement allows the manufacturer to order specialized components that require extended production timelines, ensuring aircraft assembly stays on schedule.
Key Points
- 01Funds long lead time items for military aircraft
- 02Awarded to Lockheed Martin Corporation in Texas
- 03Long lead procurement prevents production delays
- 04Specialized components require years to manufacture
- 05Contract runs from 2012 through 2026
Award Details
Official Source
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Quick Summary
- Amount
- $5.6B
- Agency
- Department of Defense
- Recipient
- LOCKHEED MARTIN CORPORATION
- Type
- Other
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