Lockheed Martin Corporation's LMT Aeronautics unit recently secured a contract for developing advanced hardware to support the F-35 Lightning II Technology Refresh 3 (TR3) System. The deal has been awarded by the Naval Air Systems Command, Patuxent River, Maryland.
Valued at $712.5 million, the contract will cater to the U.S. Marine Corps, Navy and non-U.S. Department of Defense (DoD) participants. Under the agreement, the company will design the TR3 System with full flightworthy certification, production readiness review and fleet release to support low-rate initial production of the 15th Lot of F-35 jets.
Work related to the deal is scheduled to be over by March 2023 and will be carried out in Fort Worth, TX.
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