Sign In
Search
Business/Financial

Lockheed Martin Receives Nearly $870 Million in Long Lead Funding for F-35 Lot 20

Frank Wolfe Frank Wolfe
SHARE:
Lockheed Martin Receives Nearly $870 Million in Long Lead Funding for F-35 Lot 20
An F-35 Lightning II assigned to Vermont's 158th Fighter Wing is refueled from a C-130 Hercules, during a Forward Area Refueling Point (FARP) mission during the Maple Thunder exercise at North Auxiliary Airfield, Joint Base Charleston on January 30th (U.S. Air Force Photo)

Lockheed Martin [LMT] has received a nearly $870 million award for long-lead items and parts for production Lot 20 of the company's F-35, DoD said in a Friday contracts announcement. Contract work, 59 percent of which is to be at the company's F-35 plant in Fort Worth, 14 percent in El Segundo, Calif., 9 percent in Warton, United Kingdom, and 8 percent in Cameri, Italy and Orlando, Fla., is to finish in 2031, the announcement said. Lockheed Martin expects to…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

BAE Systems To Develop 300 Prototypes For AGR-20F Upgrades Against Drone Swarms

Air Force

Rolls-Royce F130 Engine For B-52 Passes Altitude And Operability Testing, Company Says

Air Force

Pentagon Reconciliation Funding Has $4.5 Billion For B-21, As Northrop Grumman And Air Force Agree To Acceleration

Air Force

Northrop Grumman To Conduct Gap Analyses To Inform Software Support For Next-Gen OPIR Polar

Trending

X-Bow Begins Hot-Firings Of Large Solid Rocket Motor For Hypersonic Applications
U.S. Confirms First Combat Use Of Low-Cost, One-Way Attack Drones In Iran Strikes
Defense Watch: Black Arrow and Blackbeard, Jordan KuMRFS, Epirus and DFT
Experimental Operations Unit Flights To Spur CCA Increment 2 Requirements
Air Force Acquisition Official: ‘APG-85 Is A Helluva Radar Unless You Don’t Have One’

Congress Updates

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume