UK says Lockheed Martin, BAE Systems win nearly $200 million contract, to create 140 jobs

(Reuters) – Lockheed Martin Corp (NYSE:) and BAE Systems (OTC:) Plc won a F-35 jet maintenance support contract worth 161 million pounds ($200 million), creating 140 jobs in Britain, the country’s Ministry of Defence said on Tuesday.

The contract was signed by the U.S. Joint Program Office and Lockheed Martin as F-35 prime contractor, with BAE Systems to carry out the work as a sub-contractor, the government said in a statement.

Of the 140 jobs, 130 jobs will be based at the Norfolk base and around 10 jobs more would be created through the supply chain, the statement added.

($1 = 0.8053 pounds)