Lockheed (LMT) Wins $181M Contract to Aid F-35 Jet Program

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently clinched a modification contract involving its F-35 fighter jets. The award has been offered by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $181 million, the contract is expected to be completed by January 2027. Per the terms of the deal, Lockheed will procure various special tooling and test equipment to support the production of F-35 aircraft.The contract will serve the U.S. Air Force, Navy, Marine Cor ...