Pentagon set to award US Air Force's next-generation fighter jet contract, sources say [FOX News]
Lockheed Martin Corporation (LMT)
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Source: FOX News
The Pentagon is set to announce its decision on a next-generation fighter jet contract initially worth more than $20 billion as soon as Friday, despite earlier concerns about budget constraints and shifting priorities, sources briefed on the plan said. The Next Generation Air Dominance (NGAD) program will replace Lockheed Martin's F-22 Raptor with a fighter built to battle alongside drones. Lockheed and Boeing are competing head-to-head for the winner-take-all engineering and manufacturing development phase contract worth more than $20 billion. An Air Force spokesperson and Boeing and Lockheed representatives did not immediately respond to requests for comment. The winner of the high-stakes contest will receive hundreds of billi
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LMT
Earnings
- 1/28/25 - Miss
LMT
Sec Filings
- 3/27/25 - Form ARS
- 3/27/25 - Form DEFA14A
- 3/27/25 - Form DEF
- LMT's page on the SEC website