Lockheed Martin has won a preliminary contract valued at up to $22.7 billion to build a batch of 255 F-35 jets for the U.S. military and its allies, the U.S. Defense Department announced recently.
The department said the deal would allow Lockheed to receive $6 billion in funding immediately, a move aimed at preventing major delays in production of the new stealthy fighter jets.
This contract is the first to lock in multiyear commitments from U.S. allies as Lockheed anticipates that buying comp…
Source URL: Pentagon Places Massive Order for 255 F-35 Jets
Source Website: Advance Engineering – Engineering.com