Avcorp receives confirmed orders from Lockheed Martin expanded scope on F-35 outboard wing

Avcorp Industries released that further to the contract award from Lockheed Martin announced on October 15th, 2015 for the expanded scope on the F-35 Carrier Variant Outboard Wing (“CV OBW”), Avcorp has received a firm order for the remaining units in the next two production phases, referred to as Low Rate Initial Production (“LRIP”) nine and LRIP ten. Avcorp’s established New Product Introduction (“NPI”) process will ensure the successful knowledge and skills transfer from Lockheed Martin, required for the intricate work of paint preparation and complex installation of control surfaces and systems such as the outboard leading edge flaps, ailerons, fairings and sub-systems. The NPI planning phase is nearing completion and production will begin in the second quarter 2016. The delivery of the first shipset to Lockheed Martin’s Final Assembly and Check Out facility in Fort Worth, Texas, USA is on-schedule for the third quarter 2016, with subsequent confirmed orders extending out to 2018.