Lockheed Martin Secures a $11.8 Billion Contract to Produce F-35 Jets [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Lockheed Martin Corporation 's LMT business unit, Aeronautics, recently clinched a modification contract involving its F-35 fighter jet program. The award has been offered by the Naval Air Systems Command, Patuxent River, MD. Details of LMT's Deal Valued at $11.76 billion, the contract is expected to be completed by June 2027. Per the terms of the deal, Lockheed Martin will produce and deliver 145 F-35 jets, which will include all three variants of the F-35 aircraft program. LMT will also provide tooling support for the governments of Italy as well as Japan's final assembly and check-out facilities. The contract will serve the U.S. Navy, Air Force, Marine Corps and F-35 cooperative program partners. A major portion of the work related to this deal will be executed in Fort Worth, TX. What's Favoring LMT Stock? With nations globally bolstering defense capabilities, spending on advanced military arms, including fighter jets essential for air warfare, has surged. This trend has
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LMT
Earnings
- 10/22/24 - Beat
LMT
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 12/26/24 - Form 3
- LMT's page on the SEC website