Lockheed awarded F-22 modernization contract

Lockheed Martin has been awarded a contract to modernize the…

Lockheed Martin has been awarded a contract to modernize the Air Force fleet of F-22s — a contract that could be worth almost $7 billion for the company.

The Air Force announced the indefinite-delivery, indefinite-quantity contract Wednesday. Because of the nature of the contract, it is unclear how much the company will actually make for its work, but the contract caps out at $6.9 billion, a significant dollar amount at a time when defense contractors are feeling the pinch of reduced Defense Department spending.

The work is due to be completed by Feb. 20, 2023. Work will take place in El Segundo and San Diego, Calif.; Scottsdale, Ariz.; Nashua, N.H.; and Wayne, N.J. The contracting office is located at Wright-Patterson Air Force base in Ohio.

“Lockheed Martin looks forward to working with the Air Force to ensure the F-22 maintains air dominance for decades to come with capability upgrades like advanced weapons, multi-spectral sensors, advanced networking technology and advanced anti-jamming,” B.J. Boling, a Lockheed spokesman, wrote in an email.

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  • RT Colorado

    Let me get this straight…the F-22, America’s latest and greatest fifth generation, fresh-from-the-factory air-superiority fighter needs an update ? The F-22 needs 6+ billion (that’s essentially $30,000,000 per plane) upgrade ? And the Defense Department wonders why people question defense spending ? Do a little research and see what it costs the US to produce the F-22, or how much Russia is spending to field their new 5th generation fighter…or what anybody, anywhere is spending to put 4th and 5th generation aircraft into operation and you’ll choke on this spending. I suspect no one thinks we’re paying attention.