Lockheed Martin Wins S.Korea’s F-16 Support Contract

Lockheed Martin has been awarded three new contracts by the Republic of Korea Air Force and Navy for spare material and repair of military hardware for the Republic of Korea's fleet of F-16s and P-3 military aircraft. The company has also provided these same services for the C-130 for nearly 13 years. These annual contracts have a $2 million ceiling and are funded incrementally. "The establishment of these contracts with the Republic of Korea highlights the confidence our customers have in our capability to maintain critical spare parts and repair of military hardware for their weapon systems," said Janet Gohman, director, Global Supply Chain Services for Lockheed Martin's Mission Systems & Sensors business. "We focus on delivering an effective and integrated supply chain to increase affordability and reduce turn-around-time for our customers”.