Pentagon and Lockheed Martin Finalize Record Fighter Jet Deal

The Pentagon and Lockheed Martin agreed to a landmark 10-year deal for 850 F-35 fighter jets.

The United States Department of Defense and defense contractor Lockheed Martin have agreed to a framework for a massive 10-year procurement plan. The agreement involves purchasing at least 850 F-35 fighter jets to strengthen the military fleet. Additionally, the manufacturer will self-fund billions of dollars in program support initiatives.

• The timelineThe framework spans a 10-year production window.
• The scaleMore than 1,375 F-35 jets are already operational globally, mostly within the United States military.

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