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Navy Awards Lockheed Martin $871M F-35 Contract Modification

September 20, 2026

1 min read

Key Takeaways

Lockheed Martin awarded $871M F-35 contract modification.
Modification increases contract ceiling for support equipment.
Work to be performed in El Segundo, California, and Fort Worth, Texas.
Contract expected to be completed in February 2031.

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Strategic Implications

This contract modification may indicate the Navy's continued investment in F-35 sustainment, suggesting a long-term commitment to the program. The award could also signal Lockheed Martin's strengthened position as a key F-35 supplier, which may impact the competitive landscape for future defense contracts.

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What Happened

Lockheed Martin Secures Major F-35 Sustainment Deal

The Navy has awarded Lockheed Martin a contract modification worth $871 million for the F-35 Lightning II site activation and hardware non-recurring sustainment effort. The modification increases the contract ceiling to provide additional capacity for support equipment, with work to be performed in El Segundo, California, and Fort Worth, Texas. The contract is expected to be completed in February 2031. This award was reported by Unknown Source.

Source | Originally Published: September 18, 2026

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