Lockheed Martin Corporation

LMT

US5398301094

Aerospace & Defense

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509.78 ^USD	+0.20%		-1.78%	+5.74%

08:33pm	Farnborough opens with Boeing, Airbus orders and air defence focus	RE
05:10pm	NASA says Artemis III mission on schedule as Blue Origin repairs launchpad	RE

Lockheed Martin Gets $2.2 Billion Navy Contract for F-35 Work

Published on 06/13/2026 at 02:17 am IST

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LOCKHEED MARTIN CORPORATION

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By Stephen Nakrosis

Lockheed Martin was awarded a $2.2 billion contract to provide services and sustainment activities for the F-35 Lightning II Joint Strike Fighter Air Systems.

The contract will cover F-35 systems for the Air Force Marine Corps, Navy and also for foreign military sales customers, the Pentagon said Friday. Lockheed Martin will provide site activation, interim contractor support, and fleet management services, among other responsibilities. The deal covers supporting the establishment of new operational sites.

Work will be performed in Fort Worth, Texas and Orlando, Fla., and is expected to be completed in December 2028, the Pentagon said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

06-12-26 1847ET

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Chart Lockheed Martin Corporation

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Company Profile

Lockheed Martin Corporation specializes in the design, manufacturing and marketing of aeronautic, submarine, and aerospace systems. Net sales break down by activity as follows: - sale of aeronautic systems (40.3%): military and civilian aircraft, primarily for government organizations; - sale of helicopters, mission and electronic systems (23.1%): military and commercial helicopters, ships, sea and land-based missile defense systems, radars, sensors, sea and air-based mission and combat systems, training systems, cyber solutions, command, control and communication systems, surveillance and reconnaissance systems, simulation and training systems, etc.; - sale of air defense and fire control systems (19.3%): air and missile defense systems, tactical missiles, precision strike weapons systems, fire control systems, etc. The group also offers support services for mission operations, preparation, technical support, integration services, etc.; - sales of aerospace systems (17.3%): satellite systems, missile systems and space transport systems. Net sales break down by source of income into sales of products (83.4%) and services (16.6%). Net sales are distributed geographically as follows: the United States (71.6%), Europe (11.7%), Asia/Pacific (10.4%), the Middle East (3.8%) and other (2.5%).

Employees

1,23,000

Sector

Aerospace & Defense

Calendar

Earnings release - Q2 2026

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