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.
Key facts
- LOCKHEED MARTIN CORP was awarded an $871 million contract modification by the U.S. Department of War for F-35 Lightning II support and sustainment efforts. source
- The $871 million F-35 support and sustainment work will primarily take place in El Segundo, California, and Fort Worth, Texas, with completion expected by February 2031. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +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… |