The US Department of War and Lockheed Martin announced a 10-year framework agreement for the production and sustainment of 850 F-35 aircraft, including spare parts and modifications. This multiyear plan aims to stabilize the supply chain, reduce costs through volume discounts, and improve fleet readiness by enabling better planning and logistics. The agreement is expected to save taxpayers billions and support over 317,000 US jobs, while enhancing international cooperation among allied F-35 operators. Pending final contract approval, this initiative will strengthen the US defense industrial base and maintain air dominance with a more resilient and affordable fighter jet program.
Following the announcement of the 10-year framework agreement for F-35 production and sustainment, Lockheed Martin Corporation shares are showing positive momentum. On Pluang, LMT trades at USD 562.49 with a 1-day gain of 1.99% as of Oct 22, 2026 17:13 WIB. The stock holds a market cap of $127.28 billion and a dividend yield of 2.61%, with all Pluang orders currently on the buy side, reflecting strong investor interest in the defense sector.
Lockheed Martin, General Dynamics, Northrop Grumman, and RTX are defense companies with record or near-record Pentagon contract backlogs, ensuring stable and growing dividend payouts. Lockheed Martin leads with the highest yield and a $230 billion ba...
Wall Street is reacting to predictions of a Democratic sweep in the upcoming midterm elections by selling off aerospace and defense stocks, with the iShares U.S. Aerospace & Defense ETF down nearly 18% since mid-August. Northrop Grumman is hit hardes...
The U.S. Army has awarded a $215 million contract to the Javelin Joint Venture, a partnership between Raytheon and Lockheed Martin, for the production of Lightweight Command Launch Units (LWCLU). These next-generation launchers are 30% smaller, 25% l...
