What Happened
Framework Covers 850 US Aircraft And Sustainment Over Decade
Lockheed Martin and the US Department of War have announced a framework agreement for multiyear F-35 production and sustainment, covering 850 US aircraft over 10 years. The agreement includes associated initial spares, 10 years of modification kits and sustainment, and international customer orders. According to Lockheed Martin, this framework is expected to save taxpayers billions of dollars over the F-35’s lifecycle through long-term pricing and industry volume discounts. The announcement was made by Lockheed Martin, as reported by Defensehere.