Lockheed secures more than $12 billion in contracts for F-35 production and TR-3 upgrades
The TR-3 work on the F-35 will enable the Block 4 modernisation effort across all three aircraft variants. (Photo: Lockheed Martin)
The contracts include a $678.4-million contract for F-35 modification kits, along with an earlier December 2024 contract worth $11.7 billion for the production and delivery of 145 F-35 Lot 18 aircraft.
Lockheed Martin has recently seen an influx of contracts – worth around US$12 billion - from the US Department of Defense for the ongoing production and modification of its F-35 aircraft.
In late December 2024, it was announced that the US manufacturer had been awarded an undefinitised US$11.7 billion contract to produce and deliver 145 F-35 Lot 18 aircraft. The work is intended to be completed by June 2027.
This included 48 F-35As for the US Air Force, 16 F-35Bs and five F-35Cs for the US Marine Corps; 14 F-35C aircraft for the US Navy; 15 F-35A aircraft and one
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Air Warfare
-
![AUSA 2026: New multiwarhead loitering munition enters increasingly competitive market]()
AUSA 2026: New multiwarhead loitering munition enters increasingly competitive market
Heaviside Industries has unveiled its new Tyr loitering munition at AUSA 2026 in Washington, DC, joining a growing field of manufacturers seeking to capitalise on billions of dollars in anticipated military spending.
-
![US military plans multi-UAV trials with Northrop Grumman quantum-navigated Lumberjack]()
US military plans multi-UAV trials with Northrop Grumman quantum-navigated Lumberjack
An undisclosed US military branch is preparing to evaluate multiple Lumberjack Group 3 drones equipped with SandboxAQ’s AQNav magnetic-navigation system. Shephard spoke with Northrop Grumman and SandboxAQ to find out more.
-
![Akinci: How Baykar turned the UAV into an African and Middle Eastern export success]()
Akinci: How Baykar turned the UAV into an African and Middle Eastern export success
From billion-dollar industrial partnerships in the Middle East to rapid military off-the-shelf deliveries in Africa, Baykar has tailored the Akinci to the needs of very different customers. Defence Insight data shows how flexibility, price and Turkish supply-chain independence have helped drive exports.
