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Lockheed Martin Owego awarded $64 million Air Force contract

OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a nearly $64.3 million supply contract for F-16 foreign military sales mission planning. This eight-year contract provides for the development, integration, test, and delivery of the Joint Mission Planning System Unique Planning Component/Mission Planning Environment software updates, according to a Jan. 29 […]

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OWEGO, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) Owego plant has been awarded a nearly $64.3 million supply contract for F-16 foreign military sales mission planning.

This eight-year contract provides for the development, integration, test, and delivery of the Joint Mission Planning System Unique Planning Component/Mission Planning Environment software updates, according to a Jan. 29 U.S. Department of Defense contract announcement.

Work will be performed at Lockheed’s Owego facility and is expected to be completed by January 2029. This contract involves foreign military sales (FMS) to Slovakia, Bulgaria, Taiwan, Morocco, Greece, United Arab Emirates, Bahrain, Chile, Colombia, Croatia, Egypt, India, Indonesia, Jordan, Korea, Oman, Pakistan, Philippines, Poland, Romania, Singapore, Slovenia, and Thailand.

The contract resulted from a directed-source acquisition, per the Defense Department announcement. FMS funds totaling nearly $17.2 million are being obligated at the time of award. The Air Force Life Cycle Management Center at the Hanscom Air Force Base in Massachusetts is the contracting authority.

Jornal Staff