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Lockheed Martin Wins $991M F-35 Material Kits Contract

March 18, 2026

2 min read

Key Takeaways

Lockheed Martin wins $991.13 million contract for F-35 material kits.
The order covers 432 kits for various branches and foreign customers.
Kits will support electronic warfare system modernisation and upgrades.
Work is expected to be completed by March 2032.

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Strategic Implications

This contract may indicate the US military's continued investment in F-35 upgrades, which could strengthen Lockheed Martin's position in the defense market. The inclusion of foreign and non-US Department of War participants suggests a growing international interest in the F-35 program, which may have implications for global defense partnerships and sales.

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What Happened

Defense Giant Secures Major F-35 Upgrade Deal

Lockheed Martin Aeronautics has secured a firm-fixed-price order worth $991.13 million to produce and deliver material modification kits for F-35 aircraft. The kits will support electronic warfare system modernisation and related capability upgrades. Distribution of the kits includes units for the Air Force, Marine Corps, Navy, and foreign customers. Work related to the order will take place in Fort Worth, Texas, and is projected to reach completion by March 2032. This contract was reported by Naval Technology.

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