Lockheed (LMT) Secures a Contract to Aid F-35 Jet Program
LMTLockheed Martin(LMT) zacks.com·2024-05-16 23:11

Lockheed Martin Corp.’s (LMT) business segment, Aeronautics, recently secured a contract involving its F-35 fighter jet program. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.Details of the DealValued at $79 million, the contract is expected to be completed by December 2024. Per the terms of the deal, Lockheed will procure diminishing manufacturing sources of parts required for the production and sustainment of F-35 jets.The work related to this contract will be executed i ...