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F-35 Program and Lockheed Martin Reach ‘Handshake Agreement’ on Lot 15-17 Buy

Frank Wolfe Frank Wolfe
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F-35 Program and Lockheed Martin Reach ‘Handshake Agreement’ on Lot 15-17 Buy
U.S. Air Force Gen. Kenneth Wilsbach, U.S. Pacific Air Forces commander, speaks at the 354th Fighter Wing’s last jet arrival party on May 13 at Eielson AFB, Alaska. The arrival of the wing’s final jet April 15 marked the end of a two-year beddown process that yielded two operational fighter squadrons comprised of 54 permanently-assigned, combat-coded F-35A aircraft. (U.S. Air Force Photo)

The F-35 Joint Program Office (JPO) and Lockheed Martin [LMT] entered into a "handshake agreement " on July 18 for up to 375 F-35s in Lots 15 to 17, DoD said on July 19. Pentagon acquisition chief William LaPlante said that DoD would provide further details of the contract upon award. "Over the past three months, the F-35 Joint Strike Fighter Joint Program Office and Lockheed Martin made significant progress in negotiations," DoD said in a statement. "The team deliberately…

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