
News about Lockheed Martin
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F-35 · United StatesThe Pentagon on Monday awarded Lockheed Martin a $12.5 billion contract for nearly 300 of the newest F-35 Joint Strike Fighters.The U.S. Navy said in a statement the contract modification will definitize 148 F-35s from the 18th lot of the jets and add scope for the production and delivery of another 148 fighters in lot 19.Monday’s announcement builds on another lot 18 and 19 contract announcement from December 2024 worth $11.8 billion. It brings…See the Story
Pentagon Awards Contract for Newest F-35s
80% Center coverage: 5 sources

U.S. Navy · United StatesLockheed Martin subsidiary Sikorsky has received a five-year multiyear procurement contract worth as much as $10.9 billion for up to 99 CH-53K King Stallion helicopters for the Marine Corps. Awarded on Friday, the contract is expected to yield $1.5 billion in cost savings from 2025 to 2029 and marks the first use of multiyear procurement for the CH-53K -- a critical Marine Corps platform replacing the legacy CH-53E Super Stallion as the Pentagon…See the Story
Sikorsky secures $10.9B multiyear deal for CH-53K production
Coverage: 2 sources