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Air Force

Pentagon Formalizes Deal For Fifth Run of F-35s

Defense Daily Staff Defense Daily Staff
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The Pentagon on Friday finalized a long-awaited contract to Lockheed Martin [LMT] for the fifth batch of F-35s in low-rate production, formally ending a year of contentious negotiations for the 32 aircraft. The $3.8 billion contract covers 22 of the Air Force’s F-35A conventional takeoff and landing variants, three F-35B short takeoff and vertical landing versions for the Marine Corps, and seven F-35C carrier variants for the Navy, said Joe DellaVedova, a spokesman for the Joint Strike Fighter acquisition office…

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