Lockheed In $3.49 billion U.S. F-35 Fighter Deal -- Reuters
(Reuters) - Lockheed Martin Corp (LMT.N) won a $3.49 billion Defense Department contract to build 31 F-35 Joint Strike Fighter aircraft, the fourth batch of what is on track to be the priciest U.S. arms purchase.
Under the deal announced by the Pentagon on Friday, Lockheed will produce 10 F-35A conventional takeoff and landing models for the U.S. Air Force, 16 F-35B short takeoff/vertical landing variants for the U.S. Marine Corps, four F-35C aircraft-carrier variants for the U.S. Navy and one F-35B for the British Navy, the Pentagon said.
Lockheed, the Pentagon's No. 1 supplier by sales, reached agreement in September with the Defense Department on producing the fourth batch for a fixed price, two years earlier than had been planned.
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