On Monday, Lockheed Martin Corp (NYSE:LMT) secured several major defense contracts, solidifying its role as a key player in U.S. military and allied operations.
The company received a $3.37 billion modification to an existing agreement, expanding logistics support for the F-35 Lightning II Joint Strike Fighter program.
This initiative encompasses ground maintenance, pilot training, supply chain management, and depot activities for the Air Force, Marine Corps, Navy, Foreign Military Sales (FMS) customers, and other partners.
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Work will occur in Texas, Florida, South Carolina, Georgia, and California, with completion anticipated by December 2025.
Lockheed Martin has also won a $335.7 million contract modification for the F-35 Joint Strike Fighter program. This deal supports various 2025 activities, including aircraft induction, field and depot …