Lockheed, Pentagon finalize deal for 296 F-35s

The Pentagon’s Joint Program Office and manufacturer Lockheed Martin have finalized a deal for roughly $24.3 billion that covers nearly 300 F-35 stealth fighters, the two parties announced Monday evening. The agreement provides for 148 airframes each in production lots 18 and 19, according to a Pentagon contract announcement, concluding negotiations that have stretched on for roughly two years. The deal includes jets for the US government as well as foreign buyers.

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