Lockheed Secures a $3.4B Contract to Aid F-35 Fighter Jet Program

Lockheed Martin Corp.’s (LMT) Aeronautics business unit recently secured a modification contract involving its F-35 Lightning II Joint Strike Fighter aircraft program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.   Details of the DealValued at $3.37 billion, the contract is expected to be completed by December 2025. Per the terms of the deal, Lockheed will provide continued logistics support for delivered F-35 jets. These logistics support include ground maintenance activ ...