Lockheed (LMT) Wins $663M Deal to Aid F-35 Fighter Jet Program

Lockheed Martin Corporation (LMT) recently secured a modification contract for its F-35 Lightning II aircraft. The award has been given by Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $663.1 million, the contract is expected to be completed by June 2027. Per this deal, Lockheed will provide recurring logistics support to aid the F-35 Lightning II Joint Strike Fighter Air Systems’ sustainment efforts.These logistics support includes ground maintenance activities, action request ...