$25M to Stork to Deliver JSF Electrical Systems
Jul 06, 2005 06:25 EDT
Lockheed Martin and Dutch company Stork Aerospace signed a contract extending the existing order for the design, prototype production, and development of the F-35 Joint Strike Fighter’s wiring, including the mission systems. The contract extension includes extra design work and represents a value of USD $25 million, small earlier contract changes included.
This brings the total value of the wiring systems order to USD $82 million, which means the potential JSF order value for Stork and its subsidiary Fokker Elmo now amounts to USD $315 million. The added work will be carried out over the next two and a half years.
The order forms part of the Dutch participation in the SDD phase of the JSF program, which the Netherlands joined in 2002. During this phase Dutch (aerospace) companies can compete for orders from the main contractor Lockheed Martin and its partners Northrop Grumman and BAE Systems, as well as other F-35 suppliers.
The design work for the new contract is being carried out in Fort Worth, TX and El Segundo, CA (USA), and in Samlesbury (UK). Production takes place in Woensdrecht (NL).
Stork Aerospace Release (July 1, 2005)
