What Happened
Transformative Agreement To Strengthen Supply Chain And Save Billions
Lockheed Martin and the Department of War have unveiled a transformative framework agreement for multiyear F-35 production and sustainment. The agreement includes 850 US aircraft over 10 years, associated initial spares, and international customer orders, with the goal of strengthening the supply chain and saving billions in taxpayer dollars. The framework is expected to improve fleet readiness and support 317,000 US jobs, according to Lockheed Martin. This development was reported by Lockheed Martin.