LMT · News · 20260918N

F-35 Sustainment Contract

LOCKHEED MARTIN CORP · 2026-09-18 · Importance 52 · Surprise 42 · In source text

The U.S. Department of War awarded Lockheed Martin an $871 million modification for F-35 Lightning II support and sustainment, exceeding the company’s $602 million materiality threshold. The modification increases support-equipment capacity for land-based and at-sea operational sites. Work will primarily occur in El Segundo, California, and Fort Worth, Texas, with completion expected by February 2031.

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metricdirectionstageexpectedbasis
revenuepositivecommitted+3.7%LOCKHEED MARTIN CORP was awarded an $871 million contract modification by the U.S. Department of War for F-35 Lightning II support and…