Lockheed Martin Awarded $900 Million Contract for F-16 Maintenance Facility

The U.S. Air Force has awarded Lockheed Martin $900 million for an F-16 maintenance facility. Lockheed Martin Corp., Fort Worth, Texas, has been awarded a ceiling $900 million firm-fixed-price, time-and-materials, over-and-above, cost-reimbursement contract to stand up a continental U.S.-based contractor facility to perform depot-level maintenance and aircraft modification services in support of the F-16 aircraft. Support will include all aircraft modifications, unplanned drop-in maintenance, time compliance technical orders, scheduled inspections and contract field team support. The company won an additional $36.5 million to provide additional intermediate level maintenance capabilities in support of the F-35 Joint Strike Fighter for the Navy and the Marine Corps.

The F-16 Fighting Falcon is a single-engine fighter aircraft originally developed by General Dynamics for the United States Air Force. Designed as an air superiority fighter, it evolved into a successful all-weather multirole aircraft. Over 4,600 aircraft have been built since production was approved in 1976. Although no longer being purchased by the U.S. Air Force, improved versions are being built for export customers. In 1993, General Dynamics sold its aircraft manufacturing business to the Lockheed Corporation, which in turn became part of Lockheed Martin after a 1995 merger with Martin Marietta.In addition to active duty in the U.S. Air Force, Air Force Reserve Command, and Air National Guard units, the aircraft is also used by the U.S. Air Force Thunderbirds aerial demonstration team, and as an adversary/aggressor aircraft by the United States Navy.

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