Avcorp Industries Inc. is pleased to announce it has been awarded its first purchase contract from Lockheed Martin. The scope of this agreement will complement Avcorp's existing manufacturing of the F-35 Carrier Variant (“CV”) Outboard Wing (“OBW”) integrated assembly. Avcorp has been manufacturing OBW assemblies under a long-term contract with BAE Systems since 2011. The additional Lockheed Martin purchase contract will begin with production in the second quarter 2016 and first deliveries in the third quarter.

“We are extremely pleased to have been selected as a supplier partner to Lockheed Martin, one of the world's leading aerospace Original Equipment Companies. The F-35 Program is an important part of our business strategy. With this opportunity we are committed to providing best value to our customer and the JSF Program. We believe demonstrating our full capabilities to Lockheed Martin will open the door for additional collaborative efforts.” states Peter George, CEO of the Avcorp Group.

Avcorp is currently a single-source supplier to BAE Systems for the manufacture and assembly of the CV OBW main structure. The OBW structure is comprised of Titanium, Aluminum and Composite structure sub-assemblies as well as numerous components for a variety of hydraulic and avionic sub-systems. The Lockheed Martin new scope includes paint preparation work as well as the installation of control surfaces and systems such as the outboard leading edge flaps, ailerons, fairings and sub-systems. The OBW will continue to be delivered directly to Lockheed Martin's Final Assembly and Check Out facility in Fort Worth, Texas, USA. The JSF Program is forecasting the additional production of over 300 F-35 CV aircraft over the next 20-25 years.