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Lockheed Receives $1.9B Contract to Support Global F-35 Fleet Operations, Sustainment; Greg Ulmer Quoted

The F-35 Joint Program Office has awarded Lockheed Martin (NYSE: LMT) a $1.9 billion contract to help manage the global F-35 fleet and increase mission readiness, while continuing to drive cost-reduction initiatives, the company announced on Monday.

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Pratt & Whitney Secures $456M Contract Modification for Lot 14 F-35 Propulsion Tech Engineering, Tooling Services

The U.S. Navy has awarded United Technologies Corp.'s (NYSE: UTX) Pratt & Whitney subsidiary a $455.5M contract modification to provide lot 14 aircraft propulsion systems to non-Department of Defense participants of the F-35 program.

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