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Stevens: F-35 Lot IV Contact Negotiations Weeks Away From Finishing

By Calvin Biesecker Contract negotiations between Lockheed Martin [LMT] and the Defense Department for the fourth low-rate production lot of F-35 Joint Strike Fighters should be finalized in weeks, possibly just a "couple of weeks," Lockheed Martin Chairman and CEO Bob Stevens said yesterday. While the production awards have typically occurred in the spring, Stevens said the fact that the contract is transitioning to a fixed-price, incentive-fee type award away from cost-plus has generated more discussion from both his company…

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Contract Updates

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USTRANSCOM has awarded a firm-fixed price, indefinite-delivery, indefinite-quantity contract, with a face value of $10,915,926.84, to SSA Atlantic LLC, Jacksonville, Florida, (HTC71126DE119). This contract provides Stevedoring and Related Terminal Services (S&RTS) in Florida, at the Ports of Jacksonville. The base…


The Boeing Co. (Ridley Park, Pennsylvania) – $183,163,191.00

The Boeing Co., Ridley Park, Pennsylvania, was awarded a $183,163,191.00 Firm-Fixed Price delivery order modification (Contract Number W91215-16-G-000 H9224122F0002 P00004) for procurement of H-47ER Rotary Wing Aircraft in support of United Kingdom Foreign Military Sales through U.S. Special Operations Command.…


CORRECTION: The contract announced on Dec. 15 2025 (for Southeastern Kentucky Rehabilitation Industries, Corbin) – $14,312,903

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