Lockheed Martin gets contract for additional Finnish Air Force F-18 integration

13 January 2014

Lockheed Martin (NYSE: LMT) said it has received a USD13.3m foreign military sales contract in November from the US Air Force to support additional integration of the Joint Air-to-Surface Standoff Missile (JASSM) onto the Finnish Air Force F-18C/D aircraft.

This third contract for Finland includes wind tunnel models and test support, software development completion, logistics support and engineering documentation. All work under this contract will be completed by third quarter 2016.

The contract follows the USD34.2m June 2013 contract award for test missiles, software development and engineering documentation as well as tooling, process development and equipment for facility expansion. The first contract, awarded in 2012, initiated the six-year integration, production and sustainment effort. The program is a joint effort between the US Navy, US Air Force, Lockheed Martin and the Finnish Air Force.

Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 118,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The company´s website is at http://www.lockheedmartin.com

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