The Pentagon awarded Lockheed Martin a $6.5 billion contract to cover additional work required to fix problems identified early with the weight of the short takeoff and landing version of the F-35 Joint Strike Fighter. In the 2005 appropriations round, Congress allotted funds to iron out extra design and engineering work needed to cut weight from STOVL version, the most complex of the three versions. Lockheed, Northrop Grumman, and BAE Systems are the project’s prime contractors. The Air Force plans to buy about 250 of the F-35B STOVL fighters.
The Air Force wants to pump more than $12 billion over the next five years into its new affordable long-range missiles program and recently asked industry to push the flights of some of those munitions beyond 1,200 miles.