Lockheed Martin and the Pentagon announced a framework for at least 850 F-35 aircraft over 10 years, with a minimum estimated value of $78.2 billion. The arrangement is not yet a sales order and requires congressional approval.

Lockheed aims to sustain annual production of 156 aircraft for US and international customers and to self-fund at least $7 billion for supply-chain, tooling and repair capacity. The company also raised its 2026 sales and profit forecasts.

Go to the source

This is an original summary, not a republication of the full report.

Read the original at Reuters ↗