LOCKHEED TO BUILD MORE RAPTORS 24 TO BE ADDED FOR $2.9 BILLION.Byline: Daily News PALMDALE - Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp. said Tuesday that it has been awarded a $2.9 billion contract from the U.S. Air Force to continue making F/A-22 Raptor aircraft through November 2007. The contract provides for production of 24 of the fighters, increasing the planned total to 107, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lockheed. The money for the latest 24 was authorized in the 2005 defense budget. So far, final assembly has been completed on 66, including 53 delivered to the Air Force. The F/A-22 is built at Lockheed factories in Palmdale and in Meridian, Miss., Marietta, Ga., and Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , as well as at Boeing Co.'s plant in Seattle. Final assembly and initial flight testing of the Raptor occurs at the Marietta site. The F/A-22 Raptor program involves 1,000 nationwide suppliers and subcontractors in 42 states. ``This Lot 5 production contract sends a great message to the nationwide industrial base for the F/A-22 Raptor,'' said Larry Lawson, Lockheed Martin executive vice president and program manager. Test flights at Edwards Air Force Base Edwards Air Force Base, U.S. military installation, 301,000 acres (121,805 hectares), S Calif., NE of Lancaster; est. 1933. It is one of the largest air force bases in the United States and has the world's longest runway. are among F/A-22 Raptor flights that have occurred at four bases, and the Air Force is preparing for initial operational capability The first attainment of the capability to employ effectively a weapon, item of equipment, or system of approved specific characteristics that is manned or operated by an adequately trained, equipped, and supported military unit or force. Also called IOC. in December - with the 1st Fighter Wing's 27th Fighter Squadron at Langley Air Force Base Langley Air Force Base, U.S. military installation, 3,195 acres (1,293 hectares), SE Va., N of Hampton; est. 1917 and named for aviation pioneer Samuel P. Langley. , Va. Able to fly at supersonic speeds for long distance and hard to spot on radar, the F/A-22 Raptor is intended to replace the F-15 Eagle as the Air Force's top fighter. The ``A'' in its military designation notes that the F/A-22 fighter also can attack ground targets. CAPTION(S): photo Photo: An F/A-22 Rapto aircraft makes a test flight. Lockheed Martin Corp. has been awarded a $2.9 billion contract from the U.S. Air Force to continue making Raptors through November 2007. |
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