Search

F-35’s Lot 12 Agreement Reached, With Options Available for Future Lots

F-35’s Lot 12 Agreement Reached, With Options Available for Future Lots
A U.S. Air Force KC-10 Extender refuels an F-35A Lightning II above an undisclosed location, April 30, 2019. The KC-10 and its crew were tasked to support aerial refueling operations for the F-35A's first air interdiction during its inaugural deployment to the U.S. Air Forces Central Command's area of responsibility. (U.S. Air Force photo by Staff Sgt. Chris Drzazgowski)

The Defense Department and Lockheed Martin [LMT] have reached a handshake agreement for Lot 12 of the F-35 Joint Strike Fighter that allows for an $80 million F-35A to be delivered one year earlier than planned, company and department officials said June 10. The agreement, which remains to be finalized with the F-35 Joint Program Office, includes $34 billion for F-35 Low Rate Initial Production Lots 12-14, and would include 157 aircraft in Lot 12 and 478 F-35s overall, said…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]


SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]


SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]


Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said.  Jesse Tolleson, […]