Lockheed Martin receives $24.3B in F-35 orders as company steps up drone development

Fort Worth-based Lockheed Martin Aeronautics Co. plans to produce nearly 300 more F-35 Lightning II fighter jets for the U.S. military.

On Sept. 29, Lockheed Martin Aeronautics was awarded contracts worth about $24.3 billion for 294 F-35 aircraft to be used by all military branches and foreign allies. The defense contracts call for deliveries to begin in 2026 with most of the assembly work slated to occur in Fort Worth.

“The F-35 Lot 18-19 contract represents continued confidence in the most affordable and capable fighter aircraft in production today,” Chauncey McIntosh, Lockheed Martin vice president and general manager of the F-35 Lightning II program, said in a statement. “We are proud to support our customers and further solidify the F-35’s role in enabling peace through strength.”…

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