2 big orders for F-35s from Lockheed mean business for Orlando
Lockheed Martin Corp. (NYSE: LMT) will score two contracts that involve foreign governments and the defense contractor's Orlando operations, according to statements made Sept. 26 and 27 by Romania’s defense ministry and Czech Republic’s Prime Minister Petr Fiala, respectively.
While the contracts have yet to be signed, Romanian and Czech governments have approved the deals to buy the latest models of F-35s in government-to-government deals. Romania will spend about $6.5 billion and Czech roughly $5 billion.
Here’s the Orlando part: Both contracts will include training services and flight simulators, which are designed, developed and made in Orlando at the company’s Rotary & Mission Systems’ Training & Logistics Solutions location at Global Innovation Circle, which supplies the “F-35 Training System to all nations currently operating the F-35 Lightning II,” said Cristina Vite, a media relations employee for the company.
