Lockheed Martin wins $871 million F-35 contract modification

Senators Markey, Merkley, and Sanders introduced legislation to block a $5B U.S. arms sale to Saudi Arabia, citing human rights concerns and regional instability. The sale includes bombs and guidance kits, with the State Department stating it supports U.S. foreign policy goals. Saudi Aramco has halted some oil supplies due to attacks, exacerbating the energy crisis. The State Department also announced a $24.3B sale of F-35 jets to Saudi Arabia, primarily from Lockheed Martin and Pratt & Whitney.

The Trump administration approved a potential $24.3B sale of F-35 fighter jets to Saudi Arabia, pending Congress approval. The deal includes 48 jets and related equipment, aiming to bolster Saudi military capabilities. Delivery would take years. Saudi Arabia is a major US weapons buyer, and the sale may alter regional power dynamics. According to the State Department, the sale supports US foreign policy and national security objectives.

Germany received its first F-35A fighter jet from Lockheed Martin, marking the start of a €10 billion deal for 35 aircraft. The jets will replace aging Tornado aircraft in NATO's nuclear-sharing role. Deliveries will continue through 2029, with initial training in the U.S. Germany is also investing in infrastructure upgrades for the F-35s, with a dedicated campus at Buchel Air Base scheduled for completion in 2026.

Lockheed Martin unveiled Germany’s first F-35A stealth fighter, with deliveries starting this year and full operational capability by 2029. German officials praised its advanced capabilities, including stealth and sensor technology. Germany is one of 20 countries using the aircraft, aiming to strengthen air power and NATO interoperability. The first eight jets will be delivered to the U.S. for pilot training. Lockheed Martin highlighted the F-35’s strategic role and potential for German industry

Lockheed Martin and the US Department of War (DoW) agreed to boost production of the AIM-260 JATM missile. The deal, pending legislative approval, aims to address demand and strengthen supply chains. Lockheed plans investments to increase output, with the missile designed for platforms like the F-22 and F-35. Australia recently committed A$736m to acquire the system.

Lockheed Martin (LMT) delivered Germany's first F-35A fighter jet during a Sept. 18 ceremony. The aircraft, praised for its advanced capabilities, will enhance German airpower and NATO interoperability. Germany plans to acquire 35 F-35As, with deliveries starting this year and full operational capability by 2029. The F-35 is operational in 20 nations, with over 1,355 aircraft delivered globally.