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Friday, February 18, 2011

Lockheed Martin Receives $726.6 Million Contract Modification For F-22 Raptor Sustainment

F-22 RaptorLockheed Martin Corp. has received a $726.6 million contract modification from the U.S. Air Force for sustainment of the F-22 Raptor fleet.

This modification is for the 2011 Follow-On Agile Sustainment for the Raptor (FASTeR) sustainment contract, which was awarded initially in 2008, with an option for 2009 that was exercised. A follow-on modification was issued for 2010.

FASTeR is a Performance-Based Logistics contract providing weapon systems sustainment of the F-22 fleet at all operational bases for the 2011 calendar year, including training systems, customer support, integrated support planning, supply chain management, aircraft modifications and heavy maintenance, sustained engineering, support products and systems engineering.

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