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Lockheed Wins $487M USAF Contract Mod For F-22 Program

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Lockheed Wins $487M USAF Contract Mod For F-22 Program - Law360

Law360, New York (October 28, 2014, 1:01 PM ET) -- A Lockheed Martin Corp. unit has won a $487 million modification for an option year on a U.S. Air Force contract providing for sustainment of the F-22 fighter jet program, the U.S. Department of Defense said Monday.

Lockheed Martin Aeronautics Co. won the modification to exercise an option year to a previously awarded contract for sustainment activities for the F-22 program, with work to be performed at the unit’s Fort Worth, Texas, headquarters, according to the DOD.

Fiscal year 2014 research, development, test and evaluation funds...

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