Lockheed, DoD Shake On Purchase Of 32 F-35s -- Defense News
Lockheed Martin and Pentagon officials confirmed Sept. 22 that the company has reached an agreement with the Pentagon on the highly anticipated buy of 32 F-35 Joint Strike Fighters, known as the low rate initial production lot 4 (LRIP-4).
The contract is expected to be valued at more than $5 billion, said Lockheed spokesman John Kent.
While the deal has not been formally signed, Kent confirmed that negotiations for the planes are over and that on Sept. 21, the two organizations reached an agreement for the 32 jets, their production tooling and sustainment.
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