PROCUREMENT NEWS

UNITED STATES : Lockheed Martin secures USD7.4b Air Force deal

Published 22 Nov 2011

The Pentagon has inked a USD7.4 billion deal with Lockheed Martin Corp. as per which, Lockheed would upgrade the Air Force\'s F-22 Raptor fighter jet\'s systems. According to Pentagon, Lockheed was the only firm that competed for the profitable contract.

The defense contractor, Lockheed Martin Corp. would upgrade the fighter jet\'s system; add new capabilities, in addition to improving the aircraft\'s performance, under the contract.

← Back to procurement news