In a statement the F-35 Joint Program Office stated, the Pentagon has awarded Lockheed Martin Corp annualized contracts worth up to $6.6 billion to support operations and sustainment of the global F-35 fleet.

The sustainment contract, for fiscal year 2021, with options for years 2022 and 2023, is intended to reduce sustainment costs, said the office.

In a separate statement Lockheed Martin said, “the contract would include supporting base and depot maintenance, pilot and maintainer training while also covering supply chain management for part repair and replenishment”.

“These contracts represent more than a 30% reduction in cost per flying hour from the 2020 annualized contract, and exemplify the trusted partnership and commitment we share to reduce sustainment costs and increase availability for this unrivaled 5th generation weapon system,” said Bridget Lauderdale, Lockheed Martin vice president.

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