F-35Bs belonging to the U.S. Marine Corps fly in formation alongside South Korean and Japanese aircraft during a show-of-force mission over the Korean Peninsula on Aug. 28. (Photo by Republic of Korea Air Force)
Lockheed Martin [LMT] and the Defense Department have agreed on a new $11.5 billion contract that drops the price of an F-35A below $90 million for the first time.The new contract, which covers 141 F-35s and will go into effect in 2019 with low-rate initial…
