A. M. Castle, Lockheed Martin extend JSF program contract

  • 26-Apr-2010 02:07 EDT
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A. M. Castle & Co. supplies aluminum plate and cut-to-size aluminum plate products and other services for the F-35 Joint Strike Fighter program.

A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services, and supply chain solutions, signed a memorandum of agreement with Lockheed Martin to enter into a six-year contract extension for the F-35 Joint Strike Fighter (JSF) program. The agreement extends Castle's current contract through 2016 for the supply of aluminum plate and cut-to-size aluminum plate products and various value-added processing and collaborative supply chain management services. The total potential value of the anticipated contract extension is estimated to exceed $300 million over the six-year term. Lockheed Martin is the JSF team's prime contractor and is allied with principal program partners Northrop Grumman and BAE Systems.

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