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
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