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Deals this week: Lockheed Martin, Boeing, Space Exploration Technologies

23 Mar 2017 (Last Updated March 23rd, 2017 18:30)

Lockheed Martin has been awarded a $750m-worth contract by the US Defense Logistics Agency to provide logistics support for the US Air Force (USAF) Air Logistics Complexes for a period of five years.

Lockheed Martin has been awarded a $750m-worth contract by the US Defense Logistics Agency to provide logistics support for the US Air Force (USAF) Air Logistics Complexes for a period of five years.

Lockheed Martin will act as the industrial product-support vendor to enable replenishment of consumable parts to the Air Logistics Complexes, under the USAF Generation III logistics programme.

The Boeing Company has received a contract modification worth $371.24m to provide supply chain support for the US Air Force’s F-15 fighter aircraft.

"Space Exploration will oversee launch vehicle production, spaceflight worthiness, mission integration and launch operations of the GPS III satellite."

Awarded by the US Defense Logistics Agency Aviation, the contract has a five-year base period with five-year extension options.

The US Space and Missile Systems Center based at Los Angeles Air Force Base has awarded a contract worth $96.5m to Space Exploration Technologies Corp. in support of a GPS III spacecraft.

Space Exploration will oversee launch vehicle production, spaceflight worthiness, mission integration and launch operations of the GPS III satellite under the contract until April 2019.

Lockheed Martin Aeronautics has secured a contract modification worth $40.06m to strip and recoat the F-22 Raptor tactical fighter jet fleet of the US Air Force.

The work under the contract, which has been awarded by the US Air Force Life Cycle Management Center, is scheduled to be completed by June 2019.

Indian aerospace and defence company, Hindustan Aeronautics Limited, has entered a deal with two Russian firms for the maintenance of the Su-30 MKI multi-role fighter aircraft.

United Aircraft Corporation and United Engine Corporation of Russia will provide spare parts and technical assistance to the Indian Air Force’s Su-30 MKI aircraft, as part of the deal.