Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Lockheed Martin Wins $10.9B F-22 Modernization Deal

Our Bureau - : Nov 7, 2021 - : 12:37 am

Lockheed Martin has been awarded a US$10.9 billion contract by the U.S. Air Force to modernize its F-22 Raptor fighter jet.

The indefinite-delivery, indefinite-quantity contract for Advanced Raptor Enhancement & Sustainment (ARES) for the F-22 Program Office will help sustain and modernize the F-22 Raptor, and will include modernization hardware kit procurement and services such as upgrades, enhancements and fixes, as well as performance-based logistics services.

If all contract options are exercised, work on the ten-year contract is expected to be completed by Oct. 31, 2031. Work will be carried out in Fort Worth, Texas.

The Air Force plans to eventually retire the F-22 not long after the contract period ends.


Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2023. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us

background-color: rgba(255, 255, 255, 0.5); /* Adjust the transparency level as needed */ z-index: 9999; /* Ensure the ad is on top of other elements */ box-shadow: 0 -2px 5px rgba(0, 0, 0, 0.1); /* Optional: Add some shadow for better visibility */