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Lockheed Martin Secures a $11.8 Billion Contract to Produce F-35 Jets
LMTLockheed Martin(LMT) ZACKS·2024-12-24 14:11

Lockheed Martin Corporation’s (LMT) business unit, Aeronautics, recently clinched a modification contract involving its F-35 fighter jet program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of LMT’s DealValued at $11.76 billion, the contract is expected to be completed by June 2027. Per the terms of the deal, Lockheed Martin will produce and deliver 145 F-35 jets, which will include all three variants of the F-35 aircraft program. LMT will also provide tooling sup ...