Lockheed nabs F-35 sustainment contract worth up to $6.6B | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Lockheed nabs F-35 sustainment contract worth up to $6.6B

The Pentagon on Monday awarded Lockheed Martin a contract worth up to $6.6 billion to sustain the F-35 joint strike fighter from fiscal 2021 to 2023, a deal that will reduce the cost of flying the aircraft by about 8 percent.

The agreement funds the sustainment of the F-35 air system for U.S. and international customers during FY21, with options for FY22 and FY23 that would bring the contract’s total value to $6.6 billion.

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