Lockheed’s Next F-35 Jet Contract Is Expected to Be Worth $30 Billion
- Contract to be signed later this year for 375 jets, U.S. Says
- Covid, inflation reduced number of jets in package: Pentagon
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Lockheed Martin Corp.’s next mega-contract for several hundred F-35 jets will be worth about $30 billion, according to a defense official familiar with the negotiations, but the total number of fighters purchased has been affected by inflation and Covid-related delays.
The exact number of stealthy, next generation fighters included in the deal will be provided once the contract is awarded -- a move that could come this summer or early fall -- though a lot of work remains to get to that point, said the official, who asked not to be identified pending completion of the contracting process.