Lockheed Martin and Multicut A/S Announce Award Notification for F-35 Lightning II Work

Lockheed Martin and Multicut A/S Announce Award Notification for F-35 Lightning II Work

VILDBJERG, Denmark, Nov. 12, 2015 – Lockheed Martin (NYSE: LMT) notified Multicut A/S of a pending contract award to manufacture aluminum machined details and assemblies for the fifth generation F-35 Lightning II aircraft in a ceremony today.  

Multicut A/S, a precision component manufacturer in Vildbjerg, Demark, received notification of its down select for this contract award notification for aluminum components such as brackets and fittings for the F-35. It is the first work that Multicut will perform directly for Lockheed Martin during this three-year agreement, and positions Multicut and Danish Industry for future opportunities.

“Denmark continues to benefit from participating in the F-35 program, and this contract award with Multicut reaffirms Lockheed Martin’s commitment to grow the industrial participation program with Danish companies of all sizes,” said Jack Crisler, Lockheed Martin F-35 vice president.  “Multicut and other Danish companies are participating in a truly international, highly innovative ‘next generation’ program, which will endure for more than 40 years. Should Denmark select the F-35, Danish companies will be involved in the construction of the F-35 global fleet, and potentially in sustainment of the F-35 over the entire lifecycle of the program.”

“We are extremely proud to receive this contract award, signifying our commitment to providing best value and the highest quality components for the F-35 Joint Strike Fighter,” said Lars Rasmussen, Multicut A/S chief executive officer. “This is a major award for Multicut that allows us to move into component manufacturing for a fifth generation fighter aircraft and positions our company well for many years to come.”

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that – with the addition of Sikorsky – employs approximately 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

About Multicut A/S
Multicut A/S has a modern factory delivering complex machined parts and subassemblies. It uses state-of-the-art production equipment in its Lean manufacturing facility -- including 9-axis mill-turn machine tools, as well as 5-axis vertical and 4-axis horizontal computer numerical controlled machines networked with robotic material handling systems.

For additional information, please visit our websites:  www.f35.com; http://www.multicut-global.com.


Photo Caption: Lockheed Martin Aeronautics Vice President of F-35 Business Development Jack Crisler congratulates Multicut A/S Chief Executive Officer Lars Rasmussen on the beginning of a global partnership between Lockheed Martin and Multicut. Lockheed Martin photo.