Lockheed Martin (LMT) won a $700.4 million contract from the US Navy to supply long lead material, parts, and components to support Lots 20 and 21 of F-35 aircraft production for the government of Denmark, the US Department of War said late Monday.

Work is expected to be completed by December 2030 and will be performed in Texas, California, Florida, Maryland, Warton in the UK, and Cameri, Italy.

The company's facility in New Jersey also won a $60.6 million contract to repair 123 components of the SPY-1 Radar System for the Aegis Weapon System. Work is expected to be completed by March 2031, according to a statement.