Lockheed Martin and the F-35 Joint Program Office have struck a final deal on production Lots 18 and 19, for nearly 300 airplanes, under agreements worth over $24 billion. The contract has been in negotiation for several years, and the jets—destined for U.S. as well ...
F-35 Lot 18
The Pentagon and contractor Pratt & Whitney reached a $2.88 billion deal for new F-35 engines, the Defense Department announced Aug. 22. The deal covers 141 F135 engines included in Lot 18 of the F-35 program, putting the average price of each engine around $20.4 ...
Contracts for F-35 airframes in Lot 18 and 19 should be signed in the spring, but an engine deal is still not in hand and could take months longer. The delays don't seem to be driven by anticipation of how the new Trump administration will ...
The F-35 Joint Program Office has agreed in principal to pay up to $11.8 billion for the next 145 F-35s from manufacturer Lockheed Martin—but final details on the deal won’t be hammered out until the spring.
