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Lockheed Wins Massive Contract for Flight Line Spare Parts Supply

© REUTERS / Peter Nicholls/File PhotoA sign at the new Lockheed Martin Manufacturing Centre of Excellence is seen at the company's headquarters in Ampthill near Bedford, Britain June 9, 2016.
A sign at the new Lockheed Martin Manufacturing Centre of Excellence is seen at the company's headquarters in Ampthill near Bedford, Britain June 9, 2016. - Sputnik International
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US defense giant Lockheed Martin won a $750 million Defense Logistics Agency contract for flight line spare parts over the next five years, the Department of Defense said in the press release.

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WASHINGTON (Sputnik) — Work on the contract will be carried out in the US states of Georgia, Oklahoma and Utah with a March 31, 2022, performance completion date, the Defense Department said.

“Lockheed Martin [of] Baltimore, Maryland has been awarded an estimated $750 million… contract for flight line spare parts,” the announcement stated on Friday. “This is a five-year base contract with a three-year and a two-year option period.”

Lockheed Martin is an American global aerospace, defense, security and advanced technologies corporation formed in 1995. It is one of the Pentagon's top defense contractors.

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