The State Department has approved a potential sale of Lockheed Martin Corp.‘s LMT F-35 Lightning II fighter jets and related products to Saudi Arabia. The deal is estimated at $24.3 billion and is ...
On September 18, the Department of War (DoW) awarded Lockheed Martin Corporation (NYSE:LMT) an $871 million modification to an existing F-35 Lightning II contract. The award lifts the ceiling to ...
Naval Technology on MSN
Lockheed Martin wins US Navy awards for F-35 support, Trident II work
The contracts will expand Lockheed Martin’s work in F-35 site activation and Trident II missile system upgrades, extending through 2031 and 2030, respectively.
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Germany’s first of 35 F-35A fighters has been presented to the German government at Lockheed Martin’s facility in Fort Worth, ...
Since spinning off into an independent entity in June 2026, Honeywell Aerospace has directed its business to improving ...
Alongside the Saudi approval, Lockheed Martin secured an USD 871.2 million contract modification from the U.S. Navy to expand ...
Lockheed Martin stock gained attention after a Saudi F-35 sale worth USD 24.3 billion was approved on September 20, 2026.
An F-35A Lightning II takes off for a mission from Nellis Air Force Base, Nevada, March 24, 2025. (Airman 1st Class Michael Sanders/U.S. Air Force) Lockheed Martin successfully tested the ability of ...
The new contract, which lasts through 2031, includes a 6 percent wage increase, a $6,000 “ratification bonus,” and annual cost-of-living adjustments. Lockheed Martin has reached an agreement with its ...
The Pentagon awarded Lockheed Martin $154 million in F-35 aircraft contract on June 9, but kept the buying country secret, simply stating that it is a Foreign Military Sale customer. Under the deal, ...
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Lockheed Martin F-35 Lightning II: What the $24.3 billion US-Saudi deal means for the Middle East
The US plans to sell up to 48 F-35 warplanes to Saudi Arabia in a $24.3 billion deal, aimed at bolstering security for a key ally and shaping military dynamics in the Middle East, pending ...
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