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UK says Lockheed Martin, BAE Systems win nearly $200 million contract, to create 140 jobs

Published 04/03/2023, 08:26 PM
Updated 04/03/2023, 08:41 PM
© Reuters. FILE PHOTO: F-35 aircraft is parked on a tarmac during a NATO media event at an airbase in Malbork, Poland, March 21, 2023. REUTERS/Lukasz Glowala
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(Reuters) - Lockheed Martin Corp (NYSE:LMT) and BAE Systems (OTC:BAESF) Plc won a F-35 jet maintenance support contract worth 161 million pounds ($200 million), creating 140 jobs in Britain, the country's Ministry of Defence said on Tuesday.

The contract was signed by the U.S. Joint Program Office and Lockheed Martin as F-35 prime contractor, with BAE Systems to carry out the work as a sub-contractor, the government said in a statement.

© Reuters. FILE PHOTO: F-35 aircraft is parked on a tarmac during a NATO media event at an airbase in Malbork, Poland, March 21, 2023. REUTERS/Lukasz Glowala

Of the 140 jobs, 130 jobs will be based at the Norfolk base and around 10 jobs more would be created through the supply chain, the statement added.

($1 = 0.8053 pounds)

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