Aerospace Group:

Air Force

More Than $12.5 Billion in Contract Modification for F-35s in Lot 18-19

Frank Wolfe

Tuesday, September 30th, 2025

SHARE:

More Than $12.5 Billion in Contract Modification for F-35s in Lot 18-19

Pictured is a U.S. Air Force photo of an F-35A with the 356th Fighter Squadron at Eielson AFB, Alaska on July 16th.

Lockheed Martin [LMT] received a more than $12.5 billion contract modification to build 296 F-35s in Lots 18 and 19, the Defense Department said on Monday. "This modification provides for the definitization of 148 Lot 18 aircraft, and adds scope for the production and delivery of 148 Lot 19 aircraft, to include 40 F-35A aircraft for the Air Force, 12 F-35B and eight F-35C aircraft for the Marine Corps, nine F-35C aircraft for the Navy, 13 F-35A and two F-35B…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

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 […]