Overall Contract Value For Lockheed Martin Now $709 Million

An $111.4 million contract modification from the U.S. Air Force has been awarded to Lockheed Martin for sustainment of the F-22 Raptor fleet, resulting in a contract value of $709 million. This modification is for the 2010 Follow-On Agile Sustainment for the Raptor (FASTeR) sustainment contract, which was issued initially in 2008 and extended in 2009.

FASTeR is a Performance-Based Logistics contract providing weapon systems sustainment of the F-22 fleet at all operational bases for the 2010 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.

"Our focus in sustaining the F-22 Raptor fleet is total support to our customer by helping enable higher readiness rates, more sorties, faster response and lower life-cycle costs," said Scott Gray, F-22 Program vice president of sustainment for Lockheed Martin. "Our mature supplier base ensures the F-22 receives efficient support anywhere in the world and provides the fastest, most effective link between customer requirements and delivered capability."

F-22 Raptors are assigned to seven U.S. bases. Flight testing takes place at Edwards AFB, CA. Operational tactics development is ongoing at Nellis AFB, NV. Pilot training occurs at Tyndall AFB, FL. Operational F-22 aircraft are assigned to Langley AFB, VA, Elmendorf AFB, AK, Holloman AFB, NM, and Hickam AFB, HI.

FMI: www.lockheedmartin.com