Three defense companies landed six military contracts totaling $4.1 billion, with most of the work taking place in Central Florida, which may mean more new jobs and subcontractor opportunities.
Bethesda, Md.-based Lockheed Martin Corp. won three contracts totaling $4 billion. Falls Church, Va.-based Northrop Grumman won two contracts totaling $74.8 million. And, Melbourne-based DRS Systems Inc. won a $82.3 million contract, according to the U.S. Department of Defense. (See the photo gallery for a look at cool things built by Lockheed Martin and Northrop Grumman in Orlando.)
Here’s a quick rundown of each contract in value order, a bit of background, and hiring opportunities for each company:
- The U.S. Navy awarded a $3.7 billion contract to Lockheed Martin on July 28 for the procurement of 50 F-35 jet fighters for non-U.S. customers. United Kingdom will receive one F-35B aircraft; one F-35A for Italy; eight for Australia; eight for the Netherlands; four for Turkey; six for Norway; and 22 for foreign military sales customers. Various parts of the work will take place overseas and throughout the U.S., including Orlando. The contract has a December 2020 completion date.
- The global defense company won another U.S. Navy contract on July 28, valued at $218.7 million for work on the F-35 aircraft. The work is for recurring logistics support and sustainment services for F-35 Lightning II aircraft in support of the Air Force, Navy, Marine Corps, non-U.S. customers participants and foreign military sales customers. Nearly half of the work will take place in Orlando and Fort Worth, Texas, but will have smaller parts performed in three other parts of the U.S. The contract has a February 2018 completion date.
- The company’s Missiles & Fire Control in Orlando won a $75.3 million contract on July 28 to work on its Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor kits and spares for the Apache Attack Helicopter. All work will be performed in Orlando and has a March 31, 2020 completion date.
Lockheed Martin (NYSE: LMT) often pulls in big contracts for its F-35. Earlier in July, the defense contractor won a $5.5 billion contract for the F-35, which brings in big work for its Orlando locations, which have more than 7,000 employees.
Lockheed Martin’s Missiles & Fire Control in west Orlando handles the development of the F-35’s electro-optical targeting system. Lockheed Martin’s rotary and mission systems division in east Orlando also helps with the F-35 program by creating training simulators on how to fly the fighter jet and repair it. The F-35 program supports more than 1,000 jobs in Orlando.
- The company’s Melbourne unit was awarded a $56.7 million contract with the Defense Logistics Agency on July 28. Work for the contract includes a five-year basic ordering agreement for aircraft quick engine change kits. Work will take place in Florida and has a March 30, 2022 completion date.
- The company was also awarded an $18.1 million contract with the U.S. Navy on July 28 for full-rate production of six E-2D Advanced Hawkeye aircraft.Nearly half of the work will be performed in Melbourne, along with work in 10 other U.S. locations. The contract has an August 2021 completion date.
- Northrop Grumman’s (NYSE: NOC) E-2D and E-2C program received more than 164 contracts last year, totaling more than $480 million, but not all of that work was done in Melbourne. The program currently supports about 800 jobs in Melbourne.
- The Melbourne-based defense company was awarded was awarded an $82.3 million contract from the U.S. Army on July 27. Work includes foreign military sales and procurement of infrared thermal receiver units. The contract has a March 10, 2018 completion date.
All three of these defense firms are hiring dozens of workers in Central Florida. Lockheed Martin currently has more than 500 job opening according to its website. Northrop Grumman has more than 100 job openings for its Melbourne, Orlando and Apopka locations. And DRS Technologies has 40 openings for its Melbourne location.
Richardson covers technology and general assignments for online and print.
Article by Matthew Richardson, Orlando Business Journal, Complete Article [ HERE ]