Lockheed (LMT) Secures $440M Contract for F-35 Program [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
Details of the Deal Valued at $439.9 million, the contract is expected to be completed by December 2029. Per the terms of this deal, Lockheed will provide logistics and support with respect to the F-35A, F-35B and F-35C aircraft. The agreement includes the provision of support equipment, pilot flight equipment and post-ejection survival training material, as well as associated administrative, contract management, planning and readiness reviews and non-recurring introduction to service support in support of site activation and initial sustainment activities. Majority of work related to this deal will be executed in Redondo Beach, CA. The contract will serve the U.S. Air Force, Marine Corps, Navy, non-Department of Defense participants and Foreign Military Sales customers. Significance of F-35 Jets Lockheed's F-35 is the most lethal, survivable and connected fighter jet in the world. It has the ability to securely connect high-tech platforms to share information across every
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/19/24 - Form PX14A6G
- LMT's page on the SEC website