Lockheed’s Next F-35 Batch Valued at $4.55 Billion

Lock
This article is for subscribers only.

Lockheed Martin Corp.’s latest contract for 43 F-35 fighters has a value of about $4.55 billion, with prospects for a deal for as many as 153 more aircraft about a year from now, according to the Pentagon.

The Defense Department and officials from Bethesda, Maryland-based Lockheed will announce specifics for the eighth production batch of Joint Strike Fighters under the new contract in about the third week of November, Air Force Lieutenant General Christopher Bogdan, director of the Pentagon’s F-35 program office, told reporters yesterday.