LISI AEROSPACE and Lockheed Martin have signed a major agreement for the supply of fasteners for the F-35 program of aircraft.
This is LISI AEROSPACE’s first long-term supply contract with Lockheed Martin, for F-35 fasteners. The agreement covers years 2020 – 22, with three one-year options to 2025, at an estimated (six-year) total value of US$60 million (€53.1 million).
The entire contract will be supplied by LISI AEROSPACE's North American platform. This contract strengthens LISI AEROSPACE's position as a major supplier of fasteners for aerospace and military aviation.
LISI is a global industrial group specialising in the manufacture of high value-added assembly and component solutions for the aerospace, automotive and medical industries. Thanks to the commitment of its 11,171 employees in 13 countries over four continents, LISI generated sales of €1.7 billion in 2019.
Will joined Fastener + Fixing Magazine in 2007 and over the last 12 years has experienced every facet of the fastener sector – interviewing key figures within the industry and visiting leading companies and exhibitions around the globe. Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the brand is renowned.